The involvement of business in orienting regulatory reform can take many forms. Earlier this month, the Australian Government announced the creation of a Business Advisory Forum to advise on deregulation, according to the official press release. Business leaders of the nation’s biggest companies will join state and territory leaders in a new deregulation dialogue . Senior business figures on this Forum will have two main roles:
• To advise Governments on how best to coordinate and progress the remaining areas of competition and regulatory reform; and
• To nominate new areas of regulatory reform that will help lift productivity and drive investment, therefore growing businesses and creating new jobs.
Small business will also be directly represented on the Forum, given smaller firms often disproportionately feel the impact of regulatory burdens.
The forum will work alongside the Council of Australian Governments to identify regulations that are hurting economic activity across state boundaries, such as inconsistent standards for tradespeople who move interstate , to unlock a combined $4 billion in productivity gains.
• To advise Governments on how best to coordinate and progress the remaining areas of competition and regulatory reform; and
• To nominate new areas of regulatory reform that will help lift productivity and drive investment, therefore growing businesses and creating new jobs.
Small business will also be directly represented on the Forum, given smaller firms often disproportionately feel the impact of regulatory burdens.
The forum will work alongside the Council of Australian Governments to identify regulations that are hurting economic activity across state boundaries, such as inconsistent standards for tradespeople who move interstate , to unlock a combined $4 billion in productivity gains.
Comments in the press highlight the need for the Governement to make peace with the business world after several key reforms meeting difficulties. The Australian recalls that "the creation of the forum, after extensive lobbying by business, follows a report last month from the Council of Australian Governments' Reform Council, which warned that 12 key reforms were at risk including harmonised occupational health-and-safety laws, a national trade licensing system, a nationally consistent approach to the imposition of personal criminal liability on company directors, national regulation of the legal profession and energy reforms. " See also Sydney Morning Herald for more comments.
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