You’d be used to the phrase ‘red tape’. This is ‘green tape’ to the max! Major new projects and development will be ground to a halt or be forced just to pay up. It’ll mean more lawyers, more court challenges, more power to the opponents – in the end a minefield of new regulations and rules to make every step towards getting things done tougher. Probably why most of this being kept hushed.
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Tying business up in red tape strangles productivity | The Nightly
Australia is in the middle of a crushing cost-of-living crisis. The most effective way out of it is to increase productivity. Improving productivity puts downward pressure on prices, but it does so without the financial pain associated with the only other major inflation-busting lever — punishing interest rate hikes. Given that, the Government should be throwing the kitchen sink at getting its policy settings right. Instead, Labor seems intent on tying up business in more and more red tape.
Read moreMaru defends SEZ policy
Minister for International Trade and Investment, Richard Maru is reemphasizing the national Government’s policy of Special Economic Zones (SEZs) stating that it is a signature policy of the Marape-Rosso government.
Read moreAjman announces new UAE free zone
Ruler of Ajman issues royal decree to establish free zone in the Emirate.
Read moreIncentives in Malaysia’s Special Economic Zones: A Guide for Businesses
Special economic zones (SEZs) in Malaysia provide fiscal incentives and tax relief, sector-specific perks, and strong infrastructure. We list the available incentives for businesses in the country’s respective SEZs.
Read moreBlind Freddie sees what governments cannot | The Spectator | Mrs Gina Rinehart AO
We need policies that help Australians. We need policies that make investment in our country worthwhile. If we have any interest in maintaining our living standards we should be doing what other countries do and roll out the red carpet for investment. Expensive government-funded trade trips and trade personnel located overseas are a waste of money unless governments cut the costs and delays caused by government red tape. And Blind Freddie can see that the forcing the overburdened taxpayer to fund lawfare does nothing to encourage investment.
Read moreDon’t Dump Mining Money
In the State Budget, royalties contributed over $12bn in 2022-23. Mining represents around one-third of State Government revenue. Federally, ATO data reveals that the mining industry contributes more than $40bn in company tax — around 5 per cent of ALL company tax paid in Australia in the 2021-22 financial year. This remarkable contribution should not just be seen in terms of abstract numbers. Mining not only represents jobs and growing wealth, it also represent money for schools and hospitals, defence funding, investment in new roads and other infrastructure, and on and on.
Read more‘Greatest Australian woman’: Ian Plimer praises Gina Rinehart
Geologist Ian Plimer has praised mining billionaire Gina Rinehart, saying she “doesn’t get enough credit” in Australia. Mr Plimer told Sky News Australia that Ms Rinehart is “the greatest Australian woman” the country has ever produced. “She did it herself, she didn’t inherit anything,” she said. “She’s built a huge private company, the biggest private company in Australia. “She should be honoured for employing so many people and for paying such a huge amount of tax.”
Read moreWhat we can all learn from Blind Freddie
This is an edited extract of Gina Rinehart’s speech to The Australian Financial Review Business Person of the Year awards on December 14. We need policy that helps Australians. We need policies that make investment in our country worth doing. If we have any interest in maintaining our standards of living, we should be doing what other countries are doing. Rolling out the red carpet for investment. Expensive trade trips, even the expense of trade personnel overseas, well – without cutting the cost and delay, or worse, of government red tape, there’s no reason for those.
Read moreEditorial: Gas shortage shows the need to cut green tape
It’s a pre-Christmas surprise that will add even more stress to families struggling to balance the household budget The independent Australian Energy Market Operator says WA is likely to face a gas shortage next year, pushing prices higher amid an already crushing cost-of-living crisis . And the budget pain won’t only be felt through the household gas bill. The gas shortage will also affect manufacturers and businesses. That means it could cause the cost of just about everything to rise.
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