The Upper Waikato Stream Fault is an eastern Taupō rift-bounding north–south striking normal fault in the Ruapehu Graben,  a seismically active area of the central North Island of New Zealand to the west of Mount Ruapehu. While its own whole fault rupture potential is , such a rupture could be part of a  multi-fault rupture.

Geography 
It is located near the eastern side of the Tongariro National Park, and its surface traces commence to the east of State Highway 1 where it is known as "the Desert Road" and extend to the north east for  crossing the top of the Tongariro River and for a short distance into the foothills of the Kaimanawa Mountains.

Geology 
The Upper Waikato Stream Fault is one of the eastern wall faults of the Ruapehu Graben and it is immediately to the north of the longer Rangipo Fault. Its alignment has it as a potential continuation from the west of the Wahianoa Fault.  This intersection of the three faults could result in a 7.1 MW event if all three faults had a total rupture.  The fault is normal with a NE  strike, and about a 75°W dip. From past to present the slip-rate has changed from /year between 45 and 36.1 ka BP to /year for an active period between 36.1 and 23.65 ka BP and after the Taupō Volcano Oruanui eruption it has reduced to /year.  It is believed to have been activated by this eruption.

Risks
The current assumed worse case is from a  event rupturing this and two adjacent faults over  by an average of . A  whole fault rupture of the Upper Waikato Stream Fault by an average of   would create a  event.

References

Seismic faults of New Zealand
Taupō Volcanic Zone
Taupō District