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Industry-Innovation-and-Competitiveness-Agenda

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<strong>Industry</strong> <strong>Innovation</strong> <strong>and</strong> <strong>Competitiveness</strong> <strong>Agenda</strong><br />

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that regulators are transparent <strong>and</strong> accountable when making decisions. We also want regulators<br />

to approach businesses, process applications <strong>and</strong> communicate in a way that minimises regulatory<br />

burden. Regulators will adopt a risk based approach, for example, by focusing on businesses<br />

<strong>and</strong> activities that are higher-risk, <strong>and</strong> lowering compliance costs for lower-risk businesses. We<br />

are also continuing the roll out of St<strong>and</strong>ard Business Reporting, to provide quicker <strong>and</strong> more<br />

accurate reporting across government agencies, <strong>and</strong> reduce the cost of regulatory reporting.<br />

The Government is working with the States through the Council of Australian Governments<br />

(COAG) to reduce inefficient regulation in four key areas across all levels of government: the<br />

end-to-end regulation of small business; higher education; early childhood; <strong>and</strong> manufacturing.<br />

Each jurisdiction has also committed to examining red tape in a particular small business sector.<br />

30 <strong>Industry</strong> <strong>Innovation</strong> <strong>and</strong> <strong>Competitiveness</strong> <strong>Agenda</strong>

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