Australia’s productivity is being choked by red tape, with the combined cost of administering and complying with public and private sector bureaucracy costing the nation $250 billion every year.
Australia is a lucky country, with a bright future. But we have a problem – and its colour is red. Red tape, that is.
There’s too much of it…and we need to address the grip it has on our economy.
There is a rich source of barely tapped efficiency savings we can turn to – fewer and better rules to drive creativity, innovation and productivity.
This is the fourth report in our Building the Lucky Country: Business imperatives for a prosperous Australia series, and to be among the first to get some real insights into the issues, register here to receive our report.
In the meantime, watch our video which explores how we can get out of our own way.