Sharechat Logo

Wellington to re-open for business tomorrow, one-in-five chance of a 'big one' this week

Monday 22nd July 2013

Text too small?

New Zealand's capital city will be open for business tomorrow after a 6.5 magnitude earthquake hit the Cook Strait, while scientists say there's a one-in-five chance of a similar-size temblor this week.

Wellington Mayor Celia Wade-Brown told a media briefing today it will be up to employers to determine whether their staff should come in. Portions of the city were closed and train services suspended after a swarm of quakes off the coast near Seddon in the upper South Island that topped out with a magnitude 6.5 shake at 5.09 pm on Sunday, bigger than the devastating magnitude 6.3 quake that damaged Christchurch in February 2011.

About 35 buildings in the capital city have sustained damage, most of which was minor, though several carparking buildings are still closed until further notice, she said.

Wellington City Council doesn't "have any estimate at the moment" of the economic impact of today's closure and the earthquake damage, Wade-Brown said.

GNS Science head of department GeoNet and Geohazards Monitoring Ken Gladhill said the chance of another 6+ magnitude quake in the next 24 hours had dropped to 7 percent, and was a one-in-five chance over the next week.

The aftershock sequences were "following a pretty normal trend downwards," he said.

Greater Wellington chair Fran Wilde said normal train services will resume tomorrow, and Centreport operations will be ready to clear a vessel later today.

Wade-Brown said of the 5,482 pre-1976 buildings checked by Wellington City Council since the first of the Canterbury earthquakes, 611 were below the minimum threshold, meaning owners will have to demolish of strengthen the buildings, and 877 buildings were still to be checked.

BusinessDesk.co.nz

  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

NZ dollar stalled amid uncertainty about US rate cuts
RBNZ a 'poor communicator' - CBL's Harris
Methane reduction target could be catastrophic - Fonterra Shareholders' Council
Greater role for gas in electrification of transport, industry
Chorus sees growth in high value gigabit fibre plans
Arvida gets 87% uptake in $92 mln rights offer
NZ dollar weakens after US retail sales boost greenback
17th July 2019 Morning Report
Dairy product prices gain for first time in five auctions
MARKET CLOSE: NZ shares fall in listless trading; power companies gain

IRG See IRG research reports