Post by Australian Institute of Company Directors

When compared to G7 nations, Australia ranks second (behind Japan) for administrative and regulatory burden. Australian organisations now spend $160 billion a year* to comply with federal regulation—more than double the cost a decade ago. Through the Alliance of Industry Associations, the Australian Institute of Company Directors is calling for practical reforms to reduce unnecessary red tape and improve regulatory design. Read the joint media release: https://bit.ly/4vOCwks *Access the full report: https://bit.ly/4mRqQJN Mandala