The infographic below shows the impact removing depreciation will have on commercial and industrial buildings and everyday Kiwi businesses.
Thanks to Urban Economics for their research and Russell McVeagh for independently reviewing our results.
Landmark earthquake-prone buildings reform passes into law
Property Council New Zealand has welcomed the passing of the Building (Earthquake-prone Buildings) Amendment Bill, describing it as a landmark reform that will give thousands of building owners and communities
September 21, 2026