Meetings on seismic policy

Wednesday 9 January 2013

A series of public meetings are to be held across the country as part of consultation on the Government’s earthquake-prone building policy.

It has proposed that all commercial and apartment buildings will be assessed for their seismic capacity within the next five years.

Owners would then have another 10 years to strengthen or demolish buildings that were not up to standard.

The first public meeting will be held on February 5 in Wellington.  The last will be held on February 26 in Hawkes Bay.

An online questionnaire is available until early March.

Comments from our readers

No comments yet

Sign In / Register to add your comment

House Prices

Limited supply biggest market driver

Decline in investor activity has had a limited impact on the booming housing market – yet in Auckland prices are at a record high, new REINZ data shows.

Commercial

Why get into commercial?

Restrictions and pressure on residential property investors keeps growing and many investors are looking for possible solutions: commercial property is one such option.

Mortgages

OCR call sticks to the script

Keeping the OCR on hold was the move expected of the Reserve Bank today, but economists say it means there will be another cut in November.

Site by PHP Developer