New Zealand's Building Minister unveils reforms to boost construction industry, targeting affordable housing and productivity.

New Zealand's Building and Construction Minister, Chris Penk, has unveiled major reforms to enhance the construction industry, aiming to create more affordable homes and strengthen the economy. The sector, responsible for 20% of jobs, faces stagnant productivity since 1985. Key initiatives include streamlining regulations, allowing minor changes without consent amendments, and reviewing building codes, all designed to reduce red tape and expedite home construction.

October 12, 2024
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