Yep, consequence is the same for both. If you are able to stop safely for orange/yellow, then you must do so. When I see the light change, I check my distance, can I stop safely, it's a quick call. If I can, next check is my mirrors, if a vehicle is right behind me I'm not stopping and will explain to anyone if I'm pulled over. However, I've seen people use the excuse on the cop shows... there was nothing behind them...
I don't like people that either ignore the light, speed up. Whether or not you made it across before it was red isn't the point.
You can look up whether the offence exists here: http://legislation.govt.nz/
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