Team granted funding to plan response for Alpine Fault megaquake
A megaquake along the Alpine Fault with the potential to "unzip" the South Island happens roughly every 300 years - the last one was in 1717.
The Government has put together a team of scientists and civil defence experts to investigate the possible 8.0 magnitude quake, which could tear chasms in the ground, cause landslides, damage state highways and topple cellphone towers.
The Ministry of Civil Defence and Emergency Management has granted them $490,000 to create a high-level response plan within two years. For more info see link
Also check out Alpine Fault earthquake talk