Businesses are being swamped by up to eight pages of regulations and guidelines for every page of related legislation, a report has found, lending weight to the Morrison government's call for "congestion busting" in the bureaucracy.
"While regulation passed by Parliament is subject to a transparent democratic process, regulatory dark matter is being imposed by the regulatory state with little democratic oversight," he said.Prime Minister Scott Morrison last month warned public service chiefs that they needed to find more efficient ways of operating as he looks to turn around Australia's sluggish economic growth.
According to the IPA study, standards, explanations and extras from the Australian Prudential Regulation Authority totalled 13,110 pages, with a spike in legal guidance in the months since the. Quasi-regulation documents from the Australian Securities and Investments Commission added 8262 pages.