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Annual Review of Regulatory Burdens on Business: Business and Consumer Services

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    Abstract

    This Productivity Commission report - Annual Review of Regulatory Burdens on Business: Business and Consumer Services Sector - identifies ways to reduce the regulatory burdens on businesses in the finance and insurance, accommodation and food services, professional, scientific and technical services, and arts and recreational services sectors. Notwithstanding some progress, there is still duplication and inconsistency in regulations between different jurisdictions of Australia's federation that are hard to justify. These include those regulations applying to migration lawyers, architects, and property laws. Removing or reducing such inconsistencies will reduce business costs and increase the scope for better, cheaper services for the community. Consultation processes remain a weak point when developing regulations. In many areas consultation lacks transparency, continuity and time frames are too short. The Commission identified several key areas where regulations can be made less burdensome for business while maintaining or improving services. These include harmonising personal and corporate insolvency laws, changes to regulations related to superannuation, changes to the treatment of foreign investors in commercial real estate and changes in the regulation of what should be included on restaurant menus.

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    File URL: http://www.pc.gov.au/__data/assets/pdf_file/0014/102047/business-consumer-services-report.pdf
    File Function: Full PDF of report
    Download Restriction: no

    File URL: http://www.pc.gov.au/projects/study/regulatoryburdens/business-consumer-services/report
    File Function: Publication webpage
    Download Restriction: no

    Bibliographic Info

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    This book is provided by Productivity Commission, Government of Australia in its series Research Reports with number 42 and published in 2010.

    ISBN: 978-1-74037-324-1
    Handle: RePEc:ris:prodcs:0042

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    Postal: Level 28, 35 Collins St, Melbourne Victoria 3000
    Phone: 61 3 9653 2100
    Fax: 61 3 9653 2199
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    Web page: http://www.pc.gov.au/
    More information through EDIRC

    Related research

    Keywords: red tape; business and consumer regulations; service sector regulations; personal and corporate insolvency laws; superannuation; commercial real estate; restaurant menus; regulatory burdens; Regulation Impact Statement;

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