New Zealand's economy could take a $16.7 billion hit following a large earthquake on the Wellington Fault, new research shows. Wellington's commuter rail network would be out of action for almost three years following a major earthquake, even after a proposed $100 million upgrade. ILLYA MCLELLAN/STUFF The report recommended a $100m upgrade along the Wairarapa line (pictured), the Hutt Valley line and the North Island Main Truck (NIMT) line. MONIQUE FORD/STUFF Transport Minister Phil Twyford announced a $193m upgrade for the region's rail network last year. (File photo)Transport Minister Phil Twyford announced last year the government would pump $193m into the region's rail network to upgrade ageing tracks and infrastructure and increase safety.

Source: Stuff December 04, 2019 03:03 UTC