What is Australia’s red tape problem?
Red tape is holding back our prosperity and progress.
The growth of low quality and poorly designed regulations and policies slows our economy, stymies our entrepreneurial talent and drives down our living standards. Every industry, business and Australian is hurt by red tape.
Our economic future is threatened by the growth of red tape. Red tape does not only harm big business, it prevents new businesses from starting and small businesses from expanding.
Our nation has experienced a remarkable quarter century of unbroken economic growth. It was the determination, enterprise and grit of Australian’s which propelled this economic miracle.
To unleash Australia’s prosperity we must cut red tape. Australia can remain a global economic leader, but we must first tackle our red tape problem.
That’s exactly why the IPA has launched the Red Tape Project.