Taskforce on Reducing the Regulatory Burden on BusinessThe Treasurer announced (external link) the Government's final response to the taskforce report Rethinking Regulation on 15 August 2006. The final response is available for download from the Treasury website. The Prime Minister and Treasurer released the taskforce report Rethinking Regulation on 7 April 2006 and issued a media release (external link) outlining the Government's initial response. Gary Banks, Chairman of the Taskforce, gave a public lecture at the Monash Centre for Regulatory Studies in Melbourne on the topic, Reducing the Regulatory Burden: the way forward (external link). In it he outlined the Taskforce’s key findings and commented on the Government’s initial response in April and priorities going forward. The work of the taskforce is complete. However, any enquiries can be directed to info@regulationtaskforce.gov.au or by phoning (02) 6240 3261.  PDF 2.1 MB RTF 2.6 MBPrinted copies of the report are available for purchase. BackgroundOn 12 October 2005 the Prime Minister announced the appointment of a taskforce to identify practical options for alleviating the compliance burden on business from Government regulation. The taskforce was to examine and report on areas where regulatory reform can provide significant immediate gains to business. It was chaired by Mr Gary Banks, Chairman of the Productivity Commission, and also includes Mr Dick Humphry, the former head of the Australian Stock Exchange, Mr Rod Halstead, a corporate law expert with Clayton Utz, and Ms Angela MacRae, consultant to small business and Chairman of the Independent Contractors Association of Australia. The report was delivered to the Prime Minister and Treasurer on 31 January 2006. Further details are available in the Prime Minister's media release, Taskforce on Reducing the Regulatory Burden on Business, issued on 12 October 2005. |
