@article {bnh-4212, title = {Cost-effective mitigation strategy for building related earthquake risk: annual project report 2016-17}, number = {348}, year = {2017}, month = {09/2017}, institution = {Bushfire and Natural Hazards CRC}, address = {Melbourne}, abstract = {
The 1989 Newcastle Earthquake caused damage to 70,000 properties, with an associated total economic loss of AU$ 4 billion. Consistently, the insurance industry has estimated the economic risk posed by a moderate earthquake in any of the capital cities in Australia to be of the order of billions of dollars. A major reason for this risk is that Australia has not designed buildings for earthquake-induced forces until 1995 so that a large portion of our building stock is seismically vulnerable.
As demonstrated in Christchurch, New Zealand, in 2010-11, a magnitude 6 earthquake can have a devastating impact on a city and country (damage rebuild estimated at ~ 20\% national GDP!) even though buildings there have been designed for earthquakes for many decades.
This project includes collaborative research from 4 partner institutions to establish:
Finally, using the new damage loss models and costings for seismically retrofitting buildings, make recommendations for the development of seismic retrofit guidelines and policy based on the strong evidence base developed.
}, issn = {348}, author = {Michael Griffith and Hossein Derakhshan and Elisa Lumantarna and Hing-Ho Tsang and Helen M. Goldsworthy and John Wilson and Nelson Lam and Mark Edwards} }