The chairman of the Australian Securities and Investments Commission has embraced Jim Chalmers’ call to cut red tape, revealing he will soon present the government with a deregulation agenda while urging the treasurer to establish a taskforce with business, regulators and policymakers to attack the problem.
The Business Council of Australia, meanwhile, has released a list of red tape that should be overhauled, including making all government forms and communications digital-only, and improving reporting to the Foreign Investment Review Board.
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