Chris Bishop says over-regulation is an economic nightmare for the country.
A new report by the Ministry for Regulation maps out 267 regulators operating across the country, describing a complex system of overlapping agencies and rules.
The Infrastructure and RMA Reform Minister told Mike Hosking there's far too much red tape.
Bishop says we spend $1.3 billion annually alone on consenting costs for infrastructure, which is the entire cost of the Transmission Gully project.
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