- Author
- Goodchild, M. | Sanderson, K. | Leung-Wai, J. | Nana, G.
- Title
- Cost of Managing the Risk of Fire in New Zealand.
- Coporate
- Business and Economic Research Limited (BERL), New Zealand
- Report
- New Zealand Fire Service Commission Research Report Number 53, May 2005, 50 p.
- Keywords
- fire risks | costs | risk management | regulations | water supply | false alarms | damage | fire prevention | containment | residential buildings | historical buildings | evacuation
- Identifiers
- New Zealand; costs of risk reduction; costs of readiness and response; costs of recovery and consequence; other costs of fire risk management
- Abstract
- 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.