17 March 2008

Australia’s state and federal governments must attack the growing tangle of business red tape and put in place a single, seamless set of rules for all businesses by 2010.

Regulatory fragmentation creates a range of unnecessary burdens and costs for business and the wider economy, which have been estimated to be as high as $16 billion annually.

In Towards a Seamless Economy: Modernising the Regulation of Australian Business, the BCA says a single system of business regulation – or a seamless economy for business – should be agreed to by Australian governments.

The paper outlines three specific recommendations for governments to grasp.

Read the news release or download the paper below.

Towards a Seamless Economy: Modernising the Regulation of Australian Business

One Economy Needs One Set of Rules for Business (news release)