All three-storey homes, and any alterations costing $100,000 or more, will be required to get a home warranty under indemnity changes under the Building Act.
Architects, engineers and other building design professionals will be required to have indemnity insurance, and fines for Licensed Building Practitioners will also be doubled.
In August, the coalition government announced it was changing the building consent system to ease the liability load on local councils and speed up consenting.
Under reforms through the Building Amendment Bill, expec
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