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Why our top corporate regulator wants less regulation

ASIC chairman Joe Longo says complex regulation is hurting businesses, consumers and the regulator’s work. It’s another window into Australia’s productivity problem. 

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The contrast couldn’t be more stark.

While US President-elect Donald Trump tasks Elon Musk with ripping through American bureaucracy, Treasurer Jim Chalmers’ big idea to improve productivity is – checks notes – five more inquiries by the Productivity Commission into how to fix Australia’s productivity.

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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com

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    Original URL: https://www.afr.com/chanticleer/why-our-top-corporate-regulator-wants-less-regulation-20241114-p5kqjf