Dr JIAN YANG to the Minister of Finance: What changes has the Government made in recent years to make the tax system fairer and to help families and businesses get ahead?
Rt Hon WINSTON PETERS to the Minister of Internal Affairs: On what basis was the recall and cancellation of New Zealand Passport LN138690 undertaken?
Hon DAVID PARKER to the Associate Minister of Finance: Does he still believe that a 33 cent top marginal income tax rate is the reason for fewer departures to Australia in 2014?
CATHERINE DELAHUNTY to the Minister of Education: Did she write a new preference factor for Partnership School applicants on the 14 November education report "Confirming Round Two of Applications to Operate Partnership Schools"; if so, on what advice?
CHRIS AUCHINVOLE to the Minister of Conservation: What reports has he received on the extent of the damage to West Coast forests from Cyclone Ita and what estimates are there of the area affected and the volume of wood felled?
PHIL TWYFORD to the Minister of Housing: How many homes out of the 5,000 earthquake damaged Housing New Zealand homes have completed repairs as part of its Repair 5000 programme?
TIM MACINDOE to the Minister of Education: What recent announcements has she made to celebrate and recognise highly effective and innovative practice happening across the education system?
Hon PHIL GOFF to the Minister of Defence: Has there been a reduction in the capacity of the Army in the last three years to sustain an overseas deployment; if so, why?
MELISSA LEE to the Minister for Social Development and Employment: What support is the Ministry of Social Development providing to people in Christchurch still dealing with the impact of the earthquakes?
GARETH HUGHES to the Minister of Conservation: Does he agree with the statement given on behalf of the Minister of Energy and Resources that "there has not been a single observation of a Māui's dolphin in the block offer area"?
CAROL BEAUMONT to the Minister of Justice: Given the magnitude of the problem of family violence, is it acceptable to her that none of the Family Violence Death Review Committee's recommendations from their last annual report have been completed, and no action has been taken on a number of recommendations around funding family violence training for professionals, and addressing the need for better multi-agency practice addressing family violence?
KANWALJIT SINGH BAKSHI to the Minister of Statistics: What is the Government doing to modernise the next census?
The Canterbury earthquakes of 2010 and 2011 have shone the spotlight on a number of tax issues. These issues, and in particular lessons learned from them, will be relevant for revenue authorities, policymakers and taxpayers alike in the broader context of natural disasters. Issues considered by this paper include the tax treatment of insurance monies. For example, building owners will receive pay-outs for destroyed assets and buildings which have been depreciated. Where the insurance payment is more than the adjusted tax value, there will be a taxable "gain on sale" (or depreciation recovery income). If the building owner uses those insurance proceeds to purchase a replacement asset, legislative amendments specifically enacted following the earthquakes provide that rollover relief of the depreciation recovery income is available. The tax treatment of expenditure to seismically strengthen a building is another significant issue faced by building owners. Case law has determined that this expenditure will usually be capital expenditure. In the past such costs could be capitalised to the building and depreciated accordingly. However, since the 2011-2012 income year owners have been prohibited from claiming depreciation on buildings and therefore currently no deduction is available for such strengthening expenditure (whether immediate or deferred). This has significant potential implications for landlords throughout New Zealand facing significant seismic retrofit costs. Incentives, or some form of financial support, whether delivered through the tax system or some other mechanism may be required. International Financial Reporting Standards (IFRS) require insurance proceeds, including reimbursement for expenditure of a capital nature, be reported as income while expenditure itself is not recorded as a current period expense. This has the effect of overstating current income and creating a larger variation between reported income for accounting and taxation purposes. Businesses have obligations to maintain certain business records for tax purposes. Reconstructing records destroyed by a natural disaster depends on how the information was originally stored. The earthquakes have demonstrated the benefits of ‘off-site’ (outside Canterbury) storage, in particular electronic storage. This paper considers these issues and the Inland Revenue Department (Inland Revenue) Standard Practice Statement which deals with inter alia retention of business records in electronic format and offshore record storage. Employer provided accommodation is treated as income to the benefitting employee. A recent amendment to the Income Tax Act 2007 retrospectively provides that certain employer provided accommodation is exempt from tax. The time aspect of these rules is extended where the employee is involved in the Canterbury rebuild and comes from outside the region.
Topics - The Parole Board has decided that Teina Pora should be released from prison. Pora has served 21 years of a life sentence for murdering and raping Susan Burdett in Auckland in 1992. He continues to protest his innocence, and he'll appear before the Privy Council in London at the end of the year in an effort to clear his name. A coroner's report criticises almost every aspect of the Fire Service's response to the CTV building collapse that killed 115 people in the February 2011 Christchurch earthquake. Gordon Matenga says more people, more resources, better communication and a better structure might have improved the chances of saving more lives that day.
This is an interim report from the research study performed within the NHRP Research Project “Impacts of soil liquefaction on land, buildings and buried pipe networks: geotechnical evaluation and design, Project 3: Seismic assessment and design of pipe networks in liquefiable soils”. The work presented herein is a continuation of the comprehensive study on the impacts of Christchurch earthquakes on the buried pipe networks presented in Cubrinovski et al. (2011). This report summarises the performance of Christchurch City’s potable water, waste water and road networks through the 2010-2011 Canterbury Earthquake Sequence (CES), and particularly focuses on the potable water network. It combines evidence based on comprehensive and well-documented data on the damage to the water network, detailed observations and interpretation of liquefaction-induced land damage, records and interpretations of ground motion characteristics induced by the Canterbury earthquakes, for a network analysis and pipeline performance evaluation using a GIS platform. The study addresses a range of issues relevant in the assessment of buried networks in areas affected by strong earthquakes and soil liquefaction. It discusses performance of different pipe materials (modern flexible pipelines and older brittle pipelines) including effects of pipe diameters, fittings and pipeline components/details, trench backfill characteristics, and severity of liquefaction. Detailed breakdown of key factors contributing to the damage to buried pipes is given with reference to the above and other relevant parameters. Particular attention is given to the interpretation, analysis and modelling of liquefaction effects on the damage and performance of the buried pipe networks. Clear link between liquefaction severity and damage rate for the pipeline has been observed with an increasing damage rate seen with increasing liquefaction severity. The approach taken here was to correlate the pipeline damage to LRI (Liquefaction Resistance Index, newly developed parameter in Cubrinovski et al., 2011) which represents a direct measure for the soil resistance to liquefaction while accounting for the seismic demand through PGA. Key quality of the adopted approach is that it provides a general methodology that in conjunction with conventional methods for liquefaction evaluation can be applied elsewhere in New Zealand and internationally. Preliminary correlations between pipeline damage (breaks km-1), liquefaction resistance (LRI) and seismic demand (PGA) have been developed for AC pipes, as an example. Such correlations can be directly used in the design and assessment of pipes in seismic areas both in liquefiable and non-liquefiable areas. Preliminary findings on the key factors for the damage to the potable water pipe network and established empirical correlations are presented including an overview of the damage to the waste water and road networks but with substantially less detail. A comprehensive summary of the damage data on the buried pipelines is given in a series of appendices.
Indigenous Peoples retain traditional coping strategies for disasters despite the marginalisation of many Indigenous communities. This article describes the response of Māori to the Christchurch earthquakes of 2010 and 2012 through analyses of available statistical data and reports, and interviews done three months
and one year after the most damaging event. A significant difference between Māori and ‘mainstream’ New Zealand was the greater mobility enacted by Māori
throughout this period, with organisations having roles beyond their traditional catchments throughout the disaster, including important support for non-Māori.
Informed engagement with Indigenous communities, acknowledging their internal diversity and culturally nuanced support networks, would enable more efficient
disaster responses in many countries.
DAVID BENNETT to the Minister of Finance: How is the Government's economic programme supporting stronger regional job growth? Hon SHANE JONES to the Minister of Commerce: Is he aware of demands being made by the Countdown supermarket group for retrospective payments from New Zealand suppliers, with threats Countdown will not stock their products? JULIE ANNE GENTER to the Minister for Economic Development: Why is the Government holding up economic development in Auckland's CBD, according to Auckland City officials, by delaying the opening of the City Rail Link until 2025? ALFRED NGARO to the Minister for Social Development: What reports has she received about the state of the nation in relation to social outcomes? DENIS O'ROURKE to the Minister for Canterbury Earthquake Recovery: Is he aware of any proposals to transport asbestos-contaminated material from the Christchurch rebuild to sub-standard landfills? Hon ANNETTE KING to the Minister of Health: Is he satisfied New Zealanders are receiving timely and affordable healthcare? MARK MITCHELL to the Minister of Housing: What reports has he received on positive progress being advanced on the Government's housing agenda? DARIEN FENTON to the Minister of Labour: Does he agree with the Prime Minister's statement on the minimum wage that "I think we've been pretty fair in what we've done in the past and we probably will be in the future"? CLAUDETTE HAUITI to the Minister of Science and Innovation: How are the National Science Challenges bringing together the best scientific talent across New Zealand? HONE HARAWIRA to the Minister for Economic Development: Will he commit to spending the $41m on reducing child poverty, after signalling that he might not now give that money to Team New Zealand to compete in the next America's Cup? Dr RAJEN PRASAD to the Minister of Immigration: When he said in response to an oral question on 29 January 2014 that it was "a pretty simple process…to alert immigration authorities", what was his understanding of the process a complainant would go through? CHRIS AUCHINVOLE to the Associate Minister of Transport: What progress is being made in improving road safety?
The UC CEISMIC Canterbury Earthquakes Digital Archive was built following the devastating earthquakes that hit the Canterbury region in the South Island of New Zealand from 2010 – 2012. 185 people were killed in the 6.3 magnitude earthquake of February 22nd 2011, thousands of homes and businesses were destroyed, and the local community endured over 10,000 aftershocks. The program aims to document and protect the social, cultural, and intellectual legacy of the Canterbury community for the purposes of memorialization and enabling research. The nationally federated archive currently stores 75,000 items, ranging from audio and video interviews to images and official reports. Tens of thousands more items await ingestion. Significant lessons have been learned about data integration in post-disaster contexts, including but not limited to technical architecture, governance, ingestion process, and human ethics. The archive represents a model for future resilience-oriented data integration and preservation products.
Generalized conditional intensity measure (GCIM) method is extended to ground motion selection for scenario ruptures. Using different rupture scenarios and site conditions, various aspects of the GCIM methodology are scrutinized, including: (i) implementation of different weight vectors and the composition of the IM vector; (ii) quantifying the importance of replicate selections for different number of desired ground motions; and (iii) the effect of considering bounds on the implicit causal parameters of the prospective ground motions. Using the extended methodology, representative ground motion ensembles for several major earthquake scenarios in New Zealand are developed. Cases considered include representative ground motions for the occurrence of Alpine, Hope, and Porters Pass earthquakes in Christchurch city, and the occurrence of Wellington, Wairarapa, and Ohariu fault ruptures in Wellington city. Challenges in the development of ground motion ensembles for subduction zone earthquakes are also highlighted. The selected scenario-based ground motion sets can be used to complement ground motions which are often selected in conjunction with probabilistic seismic hazard analysis, in order to understand the performance of structures for the question “what if this fault ruptures?”
Generalized conditional intensity measure (GCIM) method is extended to ground motion selection for scenario ruptures. Using different rupture scenarios and site conditions, various aspects of the GCIM methodology are scrutinized, including: (i) implementation of different weight vectors and the composition of the IM vector; (ii) quantifying the importance of replicate selections for different number of desired ground motions; and (iii) the effect of considering bounds on the implicit causal parameters of the prospective ground motions. Using the extended methodology, representative ground motion ensembles for several major earthquake scenarios in New Zealand are developed. Cases considered include representative ground motions for the occurrence of Alpine, Hope, and Porters Pass earthquakes in Christchurch city, and the occurrence of Wellington, Wairarapa, and Ohariu fault ruptures in Wellington city. Challenges in the development of ground motion ensembles for subduction zone earthquakes are also highlighted. The selected scenario-based ground motion sets can be used to complement ground motions which are often selected in conjunction with probabilistic seismic hazard analysis, in order to understand the performance of structures for the question “what if this fault ruptures?”
DAVID BENNETT to the Minister of Finance: How is the Government's economic programme helping to keep interest rates lower during this economic cycle, compared to the previous economic cycle in the mid-2000s?
Dr RUSSEL NORMAN to the Minister of Energy and Resources: How much more is an average New Zealand household that uses 8,000kwh of power annually paying for electricity per year as of November 2013 compared to November 2008, according to the Ministry of Business, Innovation, and Employment's latest Quarterly Survey of Domestic Electricity Prices?
Hon DAVID PARKER to the Minister of Finance: What will he do to "spread some of the benefits of growth" when hourly wage rates have only grown by 1.6 percent in the year to December 2013, which is close to 0 percent in real terms, when 45 percent of listed corporates have double-digit profit growth?
JACQUI DEAN to the Minister for the Environment: What recent announcements has the Government made on the classification for drilling for oil and gas in New Zealand's Exclusive Economic Zone?
GRANT ROBERTSON to the Minister of Justice: When she told the House yesterday "I had previously told Oravida that it could not use my name or photograph to endorse or promote its business products or services" when was that and what specific circumstances did it relate to?
COLIN KING to the Minister for Tertiary Education, Skills and Employment: How is the Youth Guarantee Scheme helping the Government achieve the Better Public Services target of 85 percent of all 18-year-olds achieving NCEA Level two or an equivalent qualification in 2017?
CAROL BEAUMONT to the Minister of Women's Affairs: Does she have confidence in the Ministry of Women's Affairs given their 2013 Annual Report shows that six out of seven policy outcomes have stayed the same or gone backwards in the last past year; if so, why?
SCOTT SIMPSON to the Minister for Courts: How is the Government improving the way the Disputes Tribunal works to make it easier for New Zealanders to resolve civil disputes?
Hon TREVOR MALLARD to the Minister of Internal Affairs: What action, if any, has he taken this year to show the Prime Minister that he has met the highest ethical standards required by Section 2.53 of the Cabinet Manual?
ALFRED NGARO to the Minister of Pacific Island Affairs: What steps is the Government taking to lift the skills of Pacific people in New Zealand?
DENIS O'ROURKE to the Minister for Canterbury Earthquake Recovery: Does he accept the conclusion in the Human Rights Commission's report Monitoring Human Rights in the Canterbury Earthquake Recovery that "many people affected by the earthquakes continue to experience deteriorating standards of living and impacts on their quality of life that go beyond the immediate effects of the disaster"?
CATHERINE DELAHUNTY to the Minister of Energy and Resources: Has he had any discussions with any Indian Government Ministers about selling Solid Energy assets?
Akaroa is a small township situated within Akaroa Harbour, on the southern side of Banks Peninsula. It is approximately 75 kilometres, or 90 minutes by car, from Christchurch City. At the 2006 Census of Population and Dwellings, the ‘usually resident’ population of the township was 510 people. In addition to the usually resident population, Akaroa has a large number of non-resident property owners/ratepayers, many of whom own holiday homes. Many of these holiday homes are available as
casual rentals (i.e., they may be occupied by people other than the property owners). The township acts as a service centre for the scattered population of the outer bays area of Akaroa Harbour, many
of whom work in Akaroa. Akaroa is a popular day trip or short stay destination for Christchurch residents. Akaroa is also known as a destination which draws upon the French heritage of its pioneer
settlers and the associated village charm derived from this heritage. Not unexpectedly, given the size and village character of Akaroa, the increase in cruise ship arrivals and passenger numbers has had an impact upon the town’s community.This research was commissioned and funded by Christchurch and Canterbury Tourism (CCT).
The Christchurch earthquakes brought to an abrupt halt a process of adaptive reuse and gentrification that was underway in the south eastern corner of the central business district. The retail uses that were a key to the success of this area pre-earthquake could be characterised as small, owner operated, quirky, bohemian, chaotic and relatively low rent. This research reports on the progress of a long term, comprehensive case study that follows the progress of these retailers both before and after the earthquakes. Findings include the immediate post-earthquake intentions to resume business in the same location as soon as possible were thwarted by government imposed cordons of the CBD that were only lifted nearly three years later. But, businesses were resilient and generally reinvented themselves quickly in alternative suburban locations where government “rebuild” restrictions were absent. It remains to be seen if this type of retail will ever return to the CBD as government imposed plans and the rents demanded for retail space in new buildings appear to preclude small owner-operated businesses.
The aim of this report is to investigate the ductile performance of concrete tilt-up panels reinforced with cold-drawn mesh to improve the current seismic assessment procedure. The commercial impact of the project was also investigated. Engineering Advisory Group (EAG) guidelines state that a crack in a panel under face loading may be sufficient to fracture the mesh. The comments made by EAG regarding the performance of cold-drawn mesh may be interpreted as suggesting that assessment of such panels be conducted with a ductility of 1.0. Observations of tilt-up panel performance following the Christchurch earthquakes suggest that a ductility higher than μ=1.0 is likely to be appropriate for the response of panels to out-of-plane loading. An experimental test frame was designed to subject ten tilt-panel specimens to a cyclic quasi-static loading protocol. Rotation ductility, calculated from the force-displacement response from the test specimens, was found to range between 2.9 and 5.8. Correlation between tensile tests on 663L mesh, and data collected from instrumentation during testing confirmed that the mesh behaves as un-bonded over the pitch length of 150mm. Recommendation: Based on a moment-rotation assessment approach with an un-bonded length equal to the pitch of the mesh, a rotation ductility of μ=2.5 appears to be appropriate for the seismic assessment of panels reinforced with cold-drawn mesh.
It is reported that natural disasters such as earthquakes impact significantly upon survivors’ psychological wellbeing. Little is known however about the impact of disasters upon the professional performance of survivor employees such as teachers. Using a survey research design with an emphasis upon a qualitative data collection, 39 teachers from 6 schools in the eastern suburbs of Christchurch, New Zealand rated the impact of the 2010 and 2011 earthquakes upon their professional performance and 13 volunteered to participate in a follow up focus group interviews. The data collected was interpreted via three theoretical/policy frameworks: the New Zealand Teacher Council mandatory requirements for teachers, the basic psychological needs theory and the inclusive transactional model of stress. Contrary to expectations, relationships with learners, colleagues, learner's whanau (family) and the wider community were on the whole perceived to be positively impacted by the earthquakes, while participation in professional development was regarded in more negative terms. The results indicated that teachers were able to continue (despite some stress reactions) because the basic psychological needs of being a teacher were not disrupted and indeed in some cases were enhanced. A model of teacher performance following a natural disaster is presented. Recommendations and implications (including future research undertakings) arising from the study are indicated. It was noted that given the importance of the school in supporting community recovery following a disaster, support for them and consideration of the role of teachers and the preparation for this should be given some priority.
TE URUROA FLAVELL to the Minister of Conservation: Does he agree with Parliamentary Commissioner for the Environment, Dr Jan Wright, that joint decision-making with the Minister for Energy and Resources on mining the conservation estate undermines the role of the Minister of Conservation as guardian of that estate, and how will he respond to her advice to Parliament that conservation should take precedence?
Hon DAVID CUNLIFFE to the Prime Minister: Does he stand by his statement that "for most New Zealanders an indicator of how well the economy is doing is whether or not they can keep up with the cost of living"; if so, is he satisfied that they currently can?
Hon TAU HENARE to the Minister of Finance: What reports has he received on inequality in New Zealand, and how do recent changes in trends compare to other countries?
Hon DAVID PARKER to the Minister of Finance: Does he agree with BERL that "outside of dairy and forestry, export receipts have effectively flatlined since April 2009" and that "The risks inherent in such a narrowing of our export base should be of concern to all"; if not, why not?
Dr CAM CALDER to the Minister for Tertiary Education, Skills and Employment: What announcements has he made about the Māori and Pasifika Trades Training initiative?
Dr RUSSEL NORMAN to the Prime Minister: Does he stand by all his Government's decisions?
PAUL FOSTER-BELL to the Minister of Housing: What progress has he made with local government in securing Housing Accords under the legislation passed last year, and how are they increasing the supply and affordability of housing?
Hon ANNETTE KING to the Minister of Health: What was the original forecast cost for Health Benefits Limited and what is the revised forecast cost now, if any?
MAGGIE BARRY to the Minister of Education: What recent announcements has she made on the Government's $359 million investment to raise student achievement?
Hon RUTH DYSON to the Minister for Canterbury Earthquake Recovery: How much has the Canterbury Earthquake Recovery Authority spent on legal fees in the last 3 years?
DENIS O'ROURKE to the Minister of Transport: When will the Government provide a comprehensive and integrated land transport plan for New Zealand?
PAUL GOLDSMITH to the Minister of Revenue: What is the objective of the Government's recently announced Taxpayer's Simplification Panel?
In most design codes, infill walls are considered as non-structural elements and thus are typically neglected in the design process. The observations made after major earthquakes (Duzce 1999, L’Aquila 2009, Christchurch 2011) have shown that even though infill walls are considered to be non-structural elements, they interact with the structural system during seismic actions. In the case of heavy infill walls (i.e. clay brick infill walls), the whole behaviour of the structure may be affected by this interaction (i.e. local or global structural failures such as soft storey mechanism). In the case of light infill walls (i.e. non-structural drywalls), this may cause significant economical losses. To consider the interaction of the structural system with the ‘non-structural ’infill walls at design stage may not be a practical approach due to the complexity of the infill wall behaviour. Therefore, the purpose of the reported research is to develop innovative technological solutions and design recommendations for low damage non-structural wall systems for seismic actions by making use of alternative approaches. Light (steel/timber framed drywalls) and heavy (unreinforced clay brick) non-structural infill wall systems were studied by following an experimental/numerical research programme. Quasi-static reverse cyclic tests were carried out by utilizing a specially designed full scale reinforced concrete frame, which can be used as a re-usable bare frame. In this frame, two RC beams and two RC columns were connected by two un-bonded post tensioning bars, emulating a jointed ductile frame system (PRESSS technology). Due to the rocking behaviour at the beam-column joint interfaces, this frame was typically a low damage structural solution, with the post-tensioning guaranteeing a linear elastic behaviour. Therefore, this frame could be repeatedly used in all of the tests carried out by changing only the infill walls within this frame. Due to the linear elastic behaviour of this structural bare frame, it was possible to extract the exact behaviour of the infill walls from the global results. In other words, the only parameter that affected the global results was given by the infill walls. For the test specimens, the existing practice of construction (as built) for both light and heavy non-structural walls was implemented. In the light of the observations taken during these tests, modified low damage construction practices were proposed and tested. In total, seven tests were carried out: 1) Bare frame , in order to confirm its linear elastic behaviour. 2) As built steel framed drywall specimen FIF1-STFD (Light) 3) As built timber framed drywall specimen FIF2-TBFD (Light) 4) As built unreinforced clay brick infill wall specimen FIF3-UCBI (Heavy) 5) Low damage steel framed drywall specimen MIF1-STFD (Light) 6) Low damage timber framed drywall specimen MIF2-TBFD (Light) 7) Low damage unreinforced clay brick infill wall specimen MIF5-UCBI (Heavy) The tests of the as built practices showed that both drywalls and unreinforced clay brick infill walls have a low serviceability inter-storey drift limit (0.2-0.3%). Based on the observations, simple modifications and details were proposed for the low damage specimens. The details proved to be working effectively in lowering the damage and increasing the serviceability drift limits. For drywalls, the proposed low damage solutions do not introduce additional cost, material or labour and they are easily applicable in real buildings. For unreinforced clay brick infill walls, a light steel sub-frame system was suggested that divides the infill panel zone into smaller individual panels, which requires additional labour and some cost. However, both systems can be engineered for seismic actions and their behaviour can be controlled by implementing the proposed details. The performance of the developed details were also confirmed by the numerical case study analyses carried out using Ruaumoko 2D on a reinforced concrete building model designed according to the NZ codes/standards. The results have confirmed that the implementation of the proposed low damage solutions is expected to significantly reduce the non-structural infill wall damage throughout a building.
In the last century, seismic design has undergone significant advancements. Starting from the initial concept of designing structures to perform elastically during an earthquake, the modern seismic design philosophy allows structures to respond to ground excitations in an inelastic manner, thereby allowing damage in earthquakes that are significantly less intense than the largest possible ground motion at the site of the structure. Current performance-based multi-objective seismic design methods aim to ensure life-safety in large and rare earthquakes, and to limit structural damage in frequent and moderate earthquakes. As a result, not many recently built buildings have collapsed and very few people have been killed in 21st century buildings even in large earthquakes. Nevertheless, the financial losses to the community arising from damage and downtime in these earthquakes have been unacceptably high (for example; reported to be in excess of 40 billion dollars in the recent Canterbury earthquakes). In the aftermath of the huge financial losses incurred in recent earthquakes, public has unabashedly shown their dissatisfaction over the seismic performance of the built infrastructure. As the current capacity design based seismic design approach relies on inelastic response (i.e. ductility) in pre-identified plastic hinges, it encourages structures to damage (and inadvertently to incur loss in the form of repair and downtime). It has now been widely accepted that while designing ductile structural systems according to the modern seismic design concept can largely ensure life-safety during earthquakes, this also causes buildings to undergo substantial damage (and significant financial loss) in moderate earthquakes. In a quest to match the seismic design objectives with public expectations, researchers are exploring how financial loss can be brought into the decision making process of seismic design. This has facilitated conceptual development of loss optimisation seismic design (LOSD), which involves estimating likely financial losses in design level earthquakes and comparing against acceptable levels of loss to make design decisions (Dhakal 2010a). Adoption of loss based approach in seismic design standards will be a big paradigm shift in earthquake engineering, but it is still a long term dream as the quantification of the interrelationships between earthquake intensity, engineering demand parameters, damage measures, and different forms of losses for different types of buildings (and more importantly the simplification of the interrelationship into design friendly forms) will require a long time. Dissecting the cost of modern buildings suggests that the structural components constitute only a minor portion of the total building cost (Taghavi and Miranda 2003). Moreover, recent research on seismic loss assessment has shown that the damage to non-structural elements and building contents contribute dominantly to the total building loss (Bradley et. al. 2009). In an earthquake, buildings can incur losses of three different forms (damage, downtime, and death/injury commonly referred as 3Ds); but all three forms of seismic loss can be expressed in terms of dollars. It is also obvious that the latter two loss forms (i.e. downtime and death/injury) are related to the extent of damage; which, in a building, will not just be constrained to the load bearing (i.e. structural) elements. As observed in recent earthquakes, even the secondary building components (such as ceilings, partitions, facades, windows parapets, chimneys, canopies) and contents can undergo substantial damage, which can lead to all three forms of loss (Dhakal 2010b). Hence, if financial losses are to be minimised during earthquakes, not only the structural systems, but also the non-structural elements (such as partitions, ceilings, glazing, windows etc.) should be designed for earthquake resistance, and valuable contents should be protected against damage during earthquakes. Several innovative building technologies have been (and are being) developed to reduce building damage during earthquakes (Buchanan et. al. 2011). Most of these developments are aimed at reducing damage to the buildings’ structural systems without due attention to their effects on non-structural systems and building contents. For example, the PRESSS system or Damage Avoidance Design concept aims to enable a building’s structural system to meet the required displacement demand by rocking without the structural elements having to deform inelastically; thereby avoiding damage to these elements. However, as this concept does not necessarily reduce the interstory drift or floor acceleration demands, the damage to non-structural elements and contents can still be high. Similarly, the concept of externally bracing/damping building frames reduces the drift demand (and consequently reduces the structural damage and drift sensitive non-structural damage). Nevertheless, the acceleration sensitive non-structural elements and contents will still be very vulnerable to damage as the floor accelerations are not reduced (arguably increased). Therefore, these concepts may not be able to substantially reduce the total financial losses in all types of buildings. Among the emerging building technologies, base isolation looks very promising as it seems to reduce both inter-storey drifts and floor accelerations, thereby reducing the damage to the structural/non-structural components of a building and its contents. Undoubtedly, a base isolated building will incur substantially reduced loss of all three forms (dollars, downtime, death/injury), even during severe earthquakes. However, base isolating a building or applying any other beneficial technology may incur additional initial costs. In order to provide incentives for builders/owners to adopt these loss-minimising technologies, real-estate and insurance industries will have to acknowledge the reduced risk posed by (and enhanced resilience of) such buildings in setting their rental/sale prices and insurance premiums.