Beyond red tape: Rethinking regulatory reform

Cutting red tape reduces the regulatory burden on business, but to deliver meaningful reform the government needs to look at how adequate regulation is, and how well it's enforced.

The Federal Government’s recent repeal days have rightly shone a spotlight on the difficulties of navigating the regulations that govern our everyday lives. While there are valid economic and political reasons to focus on reducing red tape as a key objective of reform, it is vitally important to also consider the subtle and nuanced relationship between regulation and economic growth.

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