Creating an environment of certainty

REGARDLESS of political affiliations, most Australians understand that a positive and confident business sector is good for everyone.

Governments notoriously run businesses poorly, which is why that should be left to the private sector.

However, what governments can do is provide the right environment and incentives for business to flourish and invest.

Tomorrow in Federal Parliament, two bills, the Statute Revision Bill and the Amending Acts Bill, will be repealed with the aim of removing 8000 redundant legislative regulations dating back to the early 1900s.

Good government is small government and if you talk to anyone in business the cost of regulations is costly and time consuming.

While Tony Abbott's Coalition government plans to repeal 8000 pieces of legislation in this first tranche, it is amazing to think that in just six years the previous two Labor governments introduced 21,000 additional regulations.

The carbon tax, which was the pound of flesh demanded by the Greens to keep Labor in power, contained 19 separate acts and 1100 pages of legislation.

The mining tax had 11 separate acts and 525 pieces of legislation.

It is estimated that Tasmanians, individuals and businesses, will save about $10 million and $700 million will be saved across the country.

Premier-elect Will Hodgman has also embraced this streamlining of government.

He has already announced his intention of merging the Department of Economic Development and Department of Infrastructure, Energy and Resources into one Department of State Growth.

This one-stop department together with an Office of the Co-ordinator General and the federal Liberal promise of a Major Projects Approval Authority, both based in Launceston, sends a message to the business sector that the government is here to help rather than hinder.

This will create the environment of certainty that has been sadly lacking in this state for several years.


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