‘The Business Council of Australia, which estimates that duplicated regulation costs business $16 billion annually, yesterday welcomed renewed commitments from the federal Government to accelerate the national reform agenda under COAG.’  

From article titled ‘Rudd to Slice Red Tape’ by Sid Marris, The Australian, 26 March 2008.

‘The Business Council of Australia estimates the costs to business and the wider economy of inefficient, overlapping and duplicated state and federal business regulation at $16 billion a year.’ 

From editorial titled ‘Performance Ranking is a Key to Reform’, The Australian, 26 March 2008.