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flag New Zealand cuts building approval times by 80%, from 516 to 111 days, to address housing shortage.

flag New Zealand has cut building determination wait times by 80%, reducing the average processing time from 516 days to 111 days over the last year. flag Building and Construction Minister Chris Penk announced the improvement, which aims to address the housing shortage, boost the economy, and create jobs. flag Despite an increase in applications, the government has targeted complex cases and streamlined processes to achieve this reduction.

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