Changes to regulations dealing with the earthquake risk of older New Zealand buildings will provide more certainty for building owners and developers in Rotorua, says Rotorua mayor Steve Chadwick.
Announced by Building and Housing minister Nick Smith during the weekend, the changes will see New Zealand categorised into zones according to seismic risk with Rotorua categorised as medium.
Timeframes for work needed on quake-prone buildings have been adjusted according to seismic risk level.
Mrs Chadwick said it was a sensible move away from the previous one-size-fits-all approach.
"This is heartening and should provide more certainty by allowing a longer timeframe. This is especially relevant for us in terms of upgrading buildings in the inner city where developers have perhaps been tentative about doing upgrades."