A shake-up to the quake-prone building standards could be a reprieve for iconic properties facing large retrofit bills.

The Government's loosening the regime to only capture buildings genuinely posing a risk to life in medium and high seismic risk zones. 

It'll mean only 80 will need full retrofits and 15,000 will still need some remediation. 

Building and Construction Minister Chris Penk says there'll be a lot of places now off the hook for having expensive work.

"A large number of buildings that will remain caught by the system to some extent, but will only need a targeted retro-fit, or maybe just a securing of a façade." 

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A shake-up to the quake-prone building standards could be a reprieve for iconic properties facing large retrofit bills.
The Government's loosening the regime to only capture buildings genuinely posing a risk to life in medium and high seismic risk zones.&nbsp;
It'll mean only 80 will need full retrofits and 15,000 will still need some remediation.&nbsp;
Building and Construction Minister Chris Penk says there'll be a lot of places now off the hook for having expensive work.
"A large number of buildings that will remain caught by the system to some extent, but will only need a targeted retro-fit, or maybe just a securing of a façade."&nbsp;
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Chris Penk: Building and Construction Minister on the Government's overhaul impacting quake-prone buildings

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/d33792c4-7584-426f-8d4f-b367004fbddd/transcript

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