Red tape ‘pushing investors elsewhere’

Original article by Joe Kelly
The Australian – Page: 6 : 4-Aug-16

A report produced by the Institute of Public Affairs estimates that excessive regulation costs the Australian economy about $A176bn each year. The report, by senior fellow Mikayla Novak, also raises doubts about the effectiveness of the Federal Government’s push to reduce the compliance burden since it took office in 2013. Novak argues that the overall reduction in "red tape" has been offset by the introduction of new regulations and legislation. The report also warns that over-regulation is deterring foreign investment in Australia/

CORPORATES
INSTITUTE OF PUBLIC AFFAIRS LIMITED, FRASER INSTITUTE, HERITAGE FOUNDATION, WORLD ECONOMIC FORUM, WORLD BANK

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