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01 August 2012

Australian Company Directors call for deregulation

The Australian Institute of Company Directors (a business lobby) has just released a 76-page ''working paper'', titled Business Deregulation: A call to action, along with a ''discussion document'', media release and a request for 'stakeholders' to lodge a submission on the topic.
One of the questions asked in the discussion document is: ''Are you aware of Australian regulations which are redundant, poorly designed or excessive?''
The AICD's initiative comes after the Productivity Commission released a full report last December on Identifying and Evaluating Regulation Reforms and published numerous reports over the past five years on reducing the burden of unnecessary legislation.

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