Business Leaders Call for 25% Red Tape Reduction Amid Rising Costs

Business leaders call for 25% red tape reduction amid rising costs

Nearly 30 groups representing small, medium and large businesses, and universities, that employ millions of Australians, are calling on all governments to cut regulatory costs by 25 per cent to help consumers and businesses amid surging costs caused by the Middle East war. The Alliance of Industry Associations, which represents every part of the Australian economy, is calling on all levels of government to reduce red tape costs now and commit to…

Red tape pressures mount as businesses push for reform

Australian businesses are calling on governments to cut red tape, with the Alliance of Industry Associations urging a 25 per cent reduction in regulatory costs. The group warns that rising compliance burdens are weighing on productivity and intensifying pressure on operating conditions amid cost surges linked to the Middle East conflict. Council of Small Business Organisations Australia (Cosboa) CEO Skye Cappuccio said the burden is already seve…