These plans and the related systems are tested regularly. The Bank has also focused on ensuring that the necessary infrastructure is in place. In particular, a seismic assessment of the Reserve Bank’s main office was undertaken in September. The results from this assessment show the building should withstand an earthquake greater than the Christchurch earthquake experienced.
But even though our building could be standing after an earthquake, there is a risk that damage to surrounding buildings could make the Wellington office inaccessible. To ensure that the Bank’s core functions can be maintained in such circumstances, an Auckland office has been set up that houses a dozen staff on a day-to-day basis.