Since 1 July 2025, councils across New Zealand have been required to include more detailed and consistent natural hazard information in Land Information Memoranda (LIMs).
Further changes coming into effect on 17 October 2025 will standardise how this information is presented, requiring a dedicated natural hazard section, plain-language summaries, and hazard mapping. The aim is to make LIMs clearer and more uniform nationwide, ensuring prospective buyers can easily understand the natural hazard risks associated with a property.
However, the insurance industry is still grappling with the implications of these reforms. Clearer disclosure of hazard information as it relates to flooding, coastal inundation, and other climate-linked risks may make some properties harder or more expensive to insure and could influence lending and resale values. While the reforms improve transparency, they also expose the property market to growing questions about insurability and long-term risk, with insurers’ substantive responses expected to evolve over the next few years.
This is a space we will continue to monitor closely as it may become increasingly demanding in the years ahead.
Author | Bella Leddy
As an Advocacy Advisor, Bella supports the development of policy and advocacy initiatives that reflect the real-world experience of our members.
With a Bachelor of Laws and Politics from Otago University and previous experience as a policy intern at the Department of Internal Affairs, Bella brings both a sharp analytical mind and a genuine passion for public policy. She’s particularly energised by engaging with members to ensure our advocacy is grounded in industry insight and practical solutions.
Extroverted, thoughtful and service-focused, Bella thrives in roles that connect people and ideas. Outside the office, she channels her energy into teaching group fitness classes – including yoga, pilates and spin – and is always up for a good political yarn.
