Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Masterton apartment red-stickered after 6.3 quake

Masterton apartment red-stickered after 6.3 quake

By Suze Metherell

Jan. 21 (BusinessDesk) – One Masterton building has been red stickered and roads in the area are cracked after a 6.3 earthquake shook the lower North Island yesterday, while surrounding district councils report superficial damage to public property.

The CBD residential apartment building is being inspected by engineers today, and the Masterton District Council expects to have a report this evening on whether or not the 15 affected residents can return to their home council chief executive Wes ten Hove told BusinessDesk. Two other privately-owned buildings had also been queried after cracks were seen on their walls.

Public buildings in the area had no reports of damage so far, but roads had been affected by the quake.

“The most significant and obvious cracks are the number of roads that will definitely require repair,” ten Hove said. The district council and the New Zealand Transport Authority would share the road repairs cost between them, he said.

Yesterday’s quake briefly sent a ripple through financial markets, with headlines prompting a sharp drop in the New Zealand dollar before it recovered later in the afternoon. The impact of earthquakes in New Zealand have come under greater scrutiny since a 2011 quake in Canterbury levelled much of the country’s second-biggest city, killing 185 people.

The Reserve Bank forecasts that the Canterbury rebuild will cost $40 billion, while Treasury anticipates the government faces a $100 million bill from last July’s 5.7 magnitude quake in the Cook Strait.

Masterton council’s ten Hove said there had been a few books off the shelves in the library, but public buildings were fine but “we’ll be looking to make sure the integrity of our public buildings have not been compromised.”

Bridges in the district are still being tested, but there have been no reports of damage, nor has there been any damage to waste water, he said. There have been reports of a few chimneys falling in.

Palmerston North also suffered several chimney collapses and other minor superficial damages. The council is still checking buildings on the city’s earthquake prone building list.

“Yesterday, council staff assessed infrastructure in the city and luckily we have escaped with minor damage,” Palmerston North City Council head of emergency management Stewart Davies said in an emailed statement. “We’ve identified some superficial damage such as door frames twisting, however to date nothing structural has been identified.”

South Wairarapa also survived the quake unscathed, according to the district’s Mayor Adrienne Staples.
“Here in the South Wairarapa it seems to be mainly superficial,” Staples told BusinessDesk. “Our engineers have checked everything. There is nothing that’s affected our operations.”

(BusinessDesk)

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Scoop Business: NZ Dollar Catches Breath After "Goldilocks" Slump

The New Zealand dollar edged up following its dramatic slump yesterday after the Reserve Bank confirmed speculation it intervened in the currency market last month and PM John Key suggested a “Goldilocks” level far lower than at present. More>>

ALSO:

Biosecurity: Kiwifruit Claim To Hold Officials Accountable For Psa

Kiwifruit growers have joined forces to hold Biosecurity NZ accountable in the courts for its negligence in allowing 2010’s Psa outbreak that devastated New Zealand’s kiwifruit industry and exports. Foundation claimants representing well ... More>>

ALSO:

Poison: Anglers Advised Not To Eat Trout In 1080 Areas

With the fishing season opening in just a few days (1 October 2014), anglers are being warned by the Department of Conservation(DOC) not to eat trout from pristine backcountry waters and their downstream catchments, where the department is conducting 1080 poisoning operations. More>>.

ALSO:

Quotas: MPI Swoop On Suspected Fraudulent Fishing Activity

Ministry for Primary Industries (MPI) compliance officers swooped on a Hawkes Bay fishing enterprise today to secure evidence in an investigation into suspected fraudulent activity... “The investigation involves activity throughout the commercial supply chain – catching, landing, processing and exporting.” More>>

ALSO:

Scoop Business: Fonterra Slashes 2015 Milk Payout, Earnings Tumble 76%

Fonterra Cooperative Group cut its forecast 2015 milk price payout by about 12 percent, citing weaker global dairy prices and said there is a risk of further declines given strong global milk production. More>>

ALSO:

Scoop Business: RBNZ Keeps OCR At 3.5%, Signals Slower Pace Of Future Hikes

Reserve Bank governor Graeme Wheeler kept the official cash rate at 3.5 percent and signalled he won’t be as aggressive with future rate hikes as previously thought as inflation remains tamer than expected. The kiwi dollar fell to a seven-month low. More>>

ALSO:

Weather: Dry Spells Take Hold In South Island

Many areas in the South Island are tracking towards record dry spells as relatively warm, dry weather that began in mid-August continues... for some South Island places, the current period of fine weather is quite rare. More>>

ALSO:

Get More From Scoop

 
 
Computer Power Plus

Standards New Zealand

Standards New Zealand

Mosh Social Media
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news