Daniel Wild's new report How Regulation and Red Tape Makes Families Poorer, was featured in the Australian on Monday, in a news story Regulations 'send prices soaring, hitting the poor' by David Uren. An analysis by libertarian think tank the Institute of Public Affairs argues that the impact of regulation on the cost of services is [...]
A new report released by the Institute of Public Affairs today, How Regulation and Red Tape Makes Families Poorer, authored by IPA Research Fellow, Daniel Wild, shows how government regulation and subsidies are driving up the prices of key household expenditure items and putting strain on family budgets. “Government intervention through regulation and subsidies has [...]
The Institute of Public Affairs (IPA), Australia’s premier free market think tank, is dedicated to preserving and strengthening the foundations of economic and political freedom. The Parliamentary Research Brief programme is designed to provide politicians and policy makers around the country with succinct information on various policy areas. Our new research brief explains why the [...]
The government should make 2018 the year to rid us of burdensome, silly regulations. As Coalition MPs enjoy the summer respite after a tumultuous year in politics, Malcolm Turnbull is gearing up to reset the national agenda with a focus on economic prosperity. To that end, the Prime Minister should put red tape reduction at [...]
New research by the Institute of Public Affairs explains why the Turnbull Government’s proposed changes to consumer lease regulation would amount to unnecessary red tape. The rental of household goods and appliances is an industry worth an estimated $596 million. Like all financial services providers, lessors are required to abide by responsible lending practices under [...]
Free market think tank the Institute of Public Affairs has today released a new landmark report, Barriers to Prosperity: Red Tape and the Regulatory State in Australia, authored by IPA research fellow Daniel Wild, which highlights the extent of the red tape crisis in Australia “Red tape in Australia has reached a crisis point. Urgent [...]
Australia has experienced 26 years of unbroken economic growth. However, this aggregate figure masks stagnant wages growth and a deterioration in the living standards of many in the Australian middle class. The central cause of this deterioration is low and declining levels of business investment, which is approaching historic lows. Overregulation and red tape are [...]
The Institute of Public Affairs has tracked the state of entrepreneurship in Australia since 2014. This research was developed by Dom Talimanidis, the IPA’s former Ian Mence Fellow for Entrepreneurship, and is now part of the IPA’s Cut Red Tape to Unleash Prosperity project. Talimanidis found that the rate of firm creation, a key measure [...]
With business creation and investment in Australia in precipitous decline, it is critical that all levels of Australian government undertake reforms to reduce red tape to achieve minimum best practice regulation. Environmental law in Australia has not only been expanding but also becoming more centralised. The delays that stem from this red tape create uncertainty, [...]
Red tape costs the Australian economy $176 billion, 11 per cent of GDP, each year in foregone economic output. Similarly, in the US red tape is estimated to cost $2 trillion annually, or 12 per cent of GDP. On 30 January 2017, the Trump Administration released the Presidential Executive Order on Reducing Regulation and Controlling [...]
