The first national study into the impacts of local government regulation on business by the Productivity Commission has been given the green-light, a move backed by the Federal Government.
The Australian Bankers’ Association (ABA) has come out and labeled the current debate on banking regulation in Australia spearheaded by Labor’s Wayne Swan and the Liberal’s Joe Hockey as “long on rhetoric but short on facts”.
The Federal Government is progressing in its plans to create a seamless national economy, having completed more than 40 percent of its business regulation reforms.
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