Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 


Quake Strengthening Costs Too Much for Building Owners

Andrew Williams MP
Spokesperson for Building & Construction
8 May 2014

Quake Strengthening Costs Too Much for Building Owners

New Zealand First is calling for some relief for building owners and farmers who face massive costs under the proposed new law for earthquake strengthening.

“Main streets of New Zealand will be on the verge of becoming ghost towns if building owners do not get some support for strengthening work as required under theBuilding (Earthquake-prone Buildings) Amendment Bill now before Parliament,” says New Zealand First Spokesperson on Building and Construction Andrew Williams.

“Owners will be crippled with the cost, and towns may go into decline if owners walk away. We are calling on the Government to consider some form of tax relief or compensation subsidy.

“As with the leaky homes rebuilding, the government will take significant taxes, through GST, income tax and company tax, from this earthquake remediation work. Some of this needs to go back to those caught up in this strengthening exercise to help offset the costs.

“Farmers should be free from any requirement, and should not be required to file papers to gain an exemption. This would have the added benefit of reducing some of the workload from local councils who would handle the exemptions.

“Many building owners in provincial New Zealand will not have the money to pay for strengthening.

“Surely a lesser amount of work could be done in some places, such as removing weak facades and any overhangs. Importantly, the earthquake risk in each locality should be considered instead of pushing the same requirement on every town,” says Mr Williams.

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

Parliament Today:

'When New' Repairs: Landmark EQC Settlement

The Earthquake Commission has cut a deal with 98 Canterbury homeowners that affirms the government entity's responsibility to repair earthquake-damaged property to a 'when new' state, as well as covering repairs for undamaged parts of a property and clarifying its position on cash settlement calculations. More>>

ALSO:

Gordon Campbell: On Kiwirail’s Latest Stint In The Dogbox

The denigration of Kiwirail continues. The latest review (based on a 2014 assessment) of the options facing the company have enabled Kiwirail to be hung out to dry once again as a liability and burden on the taxpayer. More>>

ALSO:

Royal Society Report: Good Opportunities To Act Now On Climate Change

There are many actions New Zealand can and should take now to reduce the threat of climate change and transition to a low-carbon economy, a report released today by the Royal Society of New Zealand finds... More>>

ALSO:

Paris Climate Deal Signed: Bennett 'Taking Advice' On Cancelling 'Dodgy' Credits

Climate Change Minister Paula Bennett is "taking advice" on whether to cancel some or all of the so-called 'dodgy' carbon credits bought mainly by power and petrol companies to cover New Zealand's future obligations to reduce emissions of greenhouse gases that cause climate change. More>>

ALSO:

Gordon Campbell: On Having An Extradition Treaty With China

Reportedly, an extradition treaty with China is now on the table, although – thankfully – Prime Minister John Key has also indicated that a lot of detailed work would be required before any such arrangement took final shape, much less came into force... More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news