Articles tagged with Building Owners
New Earthquake-Prone Building System: Lowering Costs and Enhancing Safety for Communities
1 week ago | 97 viewsBuilding and Construction Minister Chris Penk announced a shift in the earthquake-prone building system to reduce repair costs and revitalize communities. The current system places a heavy financial burden on building owners, leading to abandoned and unsafe structures. The new risk-based system will focus on high-risk buildings in seismic zones, remove NBS ratings, and provide relief by lowering costs and allowing for extensions to remediation deadlines.
Tags: repair costs communities seismic risk building owners Chris Penk seismic zones New Building Standard remediation deadlines seismic hazard areaGovernment Announces Major Changes to Building Consent System for Economic Growth
1 month ago | 239 viewsThe Government is planning significant changes to the building consent system to boost productivity and reduce costs in the construction sector. Measures include shifting from joint and several liability to proportionate liability, enabling voluntary consolidation of Building Consent Authorities, and exploring options like professional indemnity insurance and home warranties. These changes aim to streamline processes, reduce delays, and make building more affordable, with a Bill expected to be introduced to Parliament in early 2026.
Tags: Government Building consent system Building and Construction Minister Chris Penk New Zealand Building sector Building owners Councils Liability settings BCA consolidation