Regulation

80-Fold Increase In Environmental Legislation Since 1971
24 October 2019

80-Fold Increase In Environmental Legislation Since 1971

There has been 80-fold increase to Commonwealth environmental regulation since the first Commonwealth environmental department was established in 1971, according to a new report by free market think tank the Institute of Public Affairs. “Environmental red tape is a significant barrier to economic opportunity and prosperity in Australia,” said Morgan Begg, research fellow with the Institute of Public Affairs. “Environmental
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When Regulators Roam Out Of Control
28 August 2019

When Regulators Roam Out Of Control

Ask Australian business people and industry representatives in formal meetings about our nation’s regulatory burden, and you will be told that reform is necessary, a governmental inquiry would be welcome, and the evidence detailing the burden of red tape is persuasive. Ask them privately, and the language is much less measured. They will say that the sea of legislation is
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Cut Red Tape To Boost Small Business
19 August 2019

Cut Red Tape To Boost Small Business

A new research brief by free-market think tank the Institute of Public Affairs details the extent of Australia’s small business crisis. “To meet its election commitment to oversee the creation of 250,000 new small and family businesses over the next five years, the Coalition Government must cut red tape, implement industrial relations reform, and reduce taxes,” said IPA Research Fellow,
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IPA Brings World Leading Red Tape Reduction Approach To Australia
14 August 2019

IPA Brings World Leading Red Tape Reduction Approach To Australia

A new way of measuring and cutting red tape with demonstrated success in the United States and Canada is being promoted in Australia by free market think tank the Institute of Public Affairs. A team of researchers from the Mercatus Center at George Mason University in the United States and RMIT University released a new report “RegData Australia” that provides
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Keep The ACCC Out Of Social Media
2 August 2019

Keep The ACCC Out Of Social Media

Nearly exactly the same things said about social media today could have been said in the middle of the 15th century about the development of movable type and the printing press. People will use books and newspapers to say nasty things about each other; foreign powers will distribute pamphlets to undermine domestic governments with the result that eventually the sources
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How Bureaucratic Dark Matter Is Swallowing Our Wealth
14 June 2019

How Bureaucratic Dark Matter Is Swallowing Our Wealth

At every turn businesses are weighed down by red tape that prevents growth, discourages job creation, and sucks resources away from productive activity. Adding to the burden is the unknown nature of regulation that requires businesses to constantly be involved in researching regulation and the intentions of multiple regulators. Like dark matter that doesn’t emit light and cannot be directly
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Let’s Not Forfeit Our Own Freedoms In The Rush To Silence Terrorists
29 March 2019

Let’s Not Forfeit Our Own Freedoms In The Rush To Silence Terrorists

American founding father Benjamin Franklin once wrote: “Any society that would give up essential liberty to obtain a little security will deserve neither and lose both.” Since September 11, 2001, it’s a trade-off with which we are increasingly familiar. The Christchurch attacks were senseless acts of terror that reverberated around the world, but we need to be wary of knee-jerk
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Banking Royal Commission: Duplicitous Banks, Foolish Borrowers
8 February 2019

Banking Royal Commission: Duplicitous Banks, Foolish Borrowers

The funniest thing to come out of the Hayne royal commission is a story that appeared in The Sydney Morning Herald on Monday. Titled “I’m amazed they approved me: CBA lashed for lending to the naive”, the article began as follows. “One victim of irresponsible lending, 24-year-old Georgia Clark, believes the banking royal commission’s recommendations are a missed opportunity to protect the
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Regulators, The Royal Commission And Crony Capitalism
11 October 2018

Regulators, The Royal Commission And Crony Capitalism

The Royal Commission into Misconduct in the Banking, Superannuation, and Finances Services Industry has uncovered some inexcusable behaviour. Charging client’s fees without providing services, pressured selling of insurance to a man with down syndrome, and thousands of breaches for providing unsolicited advice and insurance are just a few examples highlighted in the Royal Commission’s interim report released last Sunday. Almost
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Submission To Inquiry Into Impediments To Business Investment
9 July 2018

Submission To Inquiry Into Impediments To Business Investment

The Institute of Public Affairs welcomes the opportunity to provide a submission to the Senate Inquiry into Impediments to Business Investment. This submission focusses on the role that public policy has played in causing a down-turn to business investment, and approaches that can be taken to reverse this trend. Australia is a land of great potential and opportunity. Yet bad
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