Regulatory reform – cutting red tapeAs large, national businesses, ANRA members face costly and inconsistent local, state and federal regulations. There are 125 government taxes, eight different sets of workers’ compensation and occupational health and safety regulations and a host of conflicting food and consumer standards. The costs of these inconsistent regulations are ultimately borne by consumers.
ANRA supports reform which reduces unnecessary compliance costs. The cost of new regulations also needs to be examined and the significant net public benefit assessed before they are introduced.
Businesses’ capacity to create new jobs is constrained by the regulatory costs of employmentBusiness has a corporate social responsibility to meet the costs directly related to employment, including occupational health and safety and workers’ compensation. However, business has a reasonable expectation that governments will minimise the compliance burden of satisfying these obligations.
The role of government should be to set appropriate community standards, supported by effective enforcement. Regulation should be performance based rather than prescriptive. Regulators should seek to promote a culture of compliance rather than relying on punitive enforcement.
Harmonisation of existing state regulations, such as occupational licensing, state taxes, uniform trading hours and consumer protection, offers substantial efficiency savings for business. ANRA looks to the Council of Australian Governments to intensify its efforts to deliver genuine regulatory reform.