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Opposition supports any moves to decrease the burden of business regulation and costs



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MEDIA RELEASE SENATOR FRED CHANEY LEADER OF THE OPPOSITION IN THE SENATE SHADOW MINISTER FOR INDUSTRY, TECHNOLOGY AN D COMMERCE

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The Opposition supports any moves to decrease the burden of business regulation and costs and the decisions announced today are therefore welcome.

But we are disappointed at the lack of real progress achieved by the Government.

Mr Hawke says the Government is being cautious. Timid would be a more apt description of today's decisions.

The fact is that while the Government swears commitment to the cause of deregulation and nibbles away in certain areas it is extending regulation in others.

For instance, guidelines administered by the Prices Surveillance Authority have been extended with the effect of increasing controls on business and industry.

Proposed amendments to the Trade Practices Act will impose covert regulations on industry.

It continues to create new bureaucratic institutions such as the Occupational Health and Safety Commission which will in­ evitably increase business costs.

’ The new tax package adds administrative as well as cost burdens to industry.

The Government's approach to deregulation is hesitant and in­ consistent .

Having made laudable changes to regulation of financial markets it seems unable to apply the same bold approach to other areas of regulation within the economy.

Canberra 29 October 1985 Contact : Keith Kessell (062) 72 6380