Stay put in EQ vulnerable buildings, MBIE says

Stay put in EQ vulnerable buildings, MBIE says
The Asteron is a poor seismic performer but safer than driving. (Image: supplied)
Brent Melville
People are much safer working in an earthquake 'vulnerable' building than they are driving a car to work, the Ministry of Business, Innovation and Employment (MBIE) says. In its latest seismic risk guidance, the government agency suggests that most 'seismically vulnerable' buildings aren't imminently dangerous and can still be occupied during seismic remediation work. That, according to MBIE's manager of building performance and engineering Dave Gittings, is because compared to most 'business-as-usual'...

More Property

Precinct to make a call on fast-tracking Downtown
Property

Precinct to make a call on fast-tracking Downtown

The property developer could apply for fast-tracking, or stick with the traditional route.

Maria Slade 20 Feb 2025
Vital Healthcare dual listing off the agenda, for now
Property

Vital Healthcare dual listing off the agenda, for now

Easing interest rates feed into the medical property investor's improved result.

Maria Slade 20 Feb 2025
Wolfbrook buys Du Val property management business
Property

Wolfbrook buys Du Val property management business

But property owners want the same favourable terms they had under Du Val.

Maria Slade 20 Feb 2025
Infrastructure fund benefits 'oversold' – developer
Infrastructure

Infrastructure fund benefits 'oversold' – developer

Developers outline problems with projects supported by a slow-going fund.

Garth Bray 19 Feb 2025