none
none

INDUSTRY AND SCIENCE PORTFOLIO CUTS ALMOST $220 MILLION IN RED TAPE

24-03-2015
by 
in 

Almost $220 million in red tape has been cut from the Industry and Science portfolio to assist Australian business.

Industry Minister Ian Macfarlane says cutting red tape is a core part of the federal government’s  Industry Innovation and Competitiveness Agenda.

“We know that creating a lower cost, business-friendly environment for Australian industry is integral to building Australia’s competitiveness,” he says.

“It’s clear that businesses want us to remove unnecessary paperwork and processes that cost them time and money and give them more time to focus on what really matters – building Australia’s productivity.

“The Industry and Science portfolio will continue working to strengthen the investment and operating environment for businesses, so they can create jobs and prosper in a global market.”

Mr Macfarlane said among the initiatives to reduce red tape were streamlining the way businesses interact with Government through the Single Business Service, the Industry Growth Centres initiative helping businesses with strategies to grow, and removing processes that create double-ups between jurisdictions.

“These are examples of the common sense approach we’re taking as a direct result of listening to industry and its ideas for reform,” Mr Macfarlane said.

“My Department has developed a new webpage to create an open and transparent dialogue with industry and make it easier for industry to contribute to policy and programme development.”

Mr Macfarlane said some of the estimated savings included $18.6 million to the building and construction industry including through making the National Construction Code available online free of charge and $26.77 million from the removal of prescriptive energy efficiency assessment and verification processes on over 460 large energy users.

The Portfolio Regulation Reform webpage is available at: www.industry.gov.au/PortfolioRegulationReform.

Related news & editorials

  1. ETA’s warehouse has extensive Bonfiglioli stock
    11.01.2018
    11.01.2018
    by      In
    Bonfiglioli’s partnership with its largest Australian distributor, Engineering Transmission Agencies (ETA), brings quality, reliability and performance to Queensland and Northern NSW customers in industries such as mining, manufacturing, bulk materials handling, food and beverage, water and waste.... Read More
  2. Australian flag
    11.01.2018
    11.01.2018
    by      In
    It’s official: Australia is an Innovation Champion. That is the view of the US Consumer Technology Association, which launched its inaugural International Innovation Scorecard at the Consumer Electronics Show in Las Vegas.
    The scorecard is a development from the association’s annual ranking of US... Read More
  3. 10.01.2018
    10.01.2018
    by      In
    Australian company CST Wastewater Solutions has put together an environmentally friendly and cost-efficient wastewater treatment system for smaller, remote and ecologically sensitive community, municipal, agribusiness and industrial applications throughout the Asia-Pacific region.
    The two-stage... Read More
  4. 10.01.2018
    10.01.2018
    by      In
    US-based utility-scale solar power specialist SolarReserve has received development approval for its Aurora Solar Energy Project in South Australia.
    The project is located on farmland 30km north of Port Augusta and is centred on a 150MW solar thermal power station with 1100MWh of molten salt energy... Read More