Tag: seismic_zones
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NZ Economic Pulse CLOSE: 19 September 2026
Parliament passes earthquake-prone building overhaul; about half of designated buildings expected to leave regime
Politics and GovernmentBusinessEconomyReal EstateLegalFinancial Markets NZ Economic Pulseearthquake-prone buildingsBuilding (Earthquake-prone Buildings) Amendment BillMBIESimon Wattsseismic zonesRoyal AssentRBNZ reference ratesNZXNew Zealand economy
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New Zealand Passes Earthquake-Prone Building Reforms, Saving $8.2 Billion
New Zealand unanimously passes earthquake-prone building reforms expected to save $8.2 billion, removing about half of designated buildings from the system and updating seismic zones.
Politics and GovernmentBusinessGeneral PoliticsFederal GovernmentEconomyLegalEnvironment Earthquake-prone buildingsSimon WattsBuilding and ConstructionSeismic zonesMBIEBuilding reformNew Zealand Government