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30 Sep 2025 18:45
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  •   Home > News > Politics

    Hopes to save building and apartment owners from exorbitant costs

    Hopes to save building and apartment owners from exorbitant costs



    The Government's revealed changes to the regime on earthquake-prone buildings - which will strip thousands of buildings of their high-risk status.

    Under the new rules just 80 will need full retrofits - while remediation for 15-hundred will be much cheaper.

    Prime Minister Chris Luxon says some people faced bills amounting to hundreds-of-thousands of dollars.

    He says for many, that made remediation uneconomic.

    © 2025 Newstalk ZB, NZCity

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