- Title:
-
The Cost of Managing the Risk of Fire in New Zealand
- Date:
- May 2005
- Organisations
- NZFS
- Authors:
- Mark Goodchild, Kel Sanderson, Jason Leung-Wai, Dr Ganesh Nana
- Location:
- New Zealand, New Zealand
Overview
The actual economic cost of fire to New Zealand is determined. Distinction is made between the costs of fire risk management (including the costs of reducing the risk of fire and the costs of readiness and response to fire) and the consequential recovery costs of an actual fire. These costs are allocated between residential, commercial and public sectors. The total cost of fire to New Zealand is estimated to be about $NZ1 billion per annum.
