The Australian Institute of Company Directors has issued an Open Letter to the next government of Australia, calling for action on key issues for directors, a new approach to deregulation and better consultation with business on policy issues.
The Open Letter has been sent to all Federal Government ministers and Opposition shadow ministers.
“Regardless of which party forms the next government, the upcoming election it is an opportunity to rethink not only the way government approaches key issues like regulation but how it works with business,” said Australian Institute of Company Directors Chief Executive, John Colvin.
“Whoever wins should understand the importance of imposing a rigorous system of structural reform of business regulation.”
“They should also understand the importance of proper consultation with business on policy proposals and legislation to ensure that unintended consequences and practical problems can be identified and dealt with.”
“The Australian Institute of Company Directors is a non-partisan organisation and we are putting forward these suggestions for reform in that non-partisan spirit.”
“This is an open letter to whichever side of politics the Australian people give the task of governing after the coming election - we are not singling out one side or the other for criticism or support. Indeed, both sides need to improve in this regard.
“From our point of view, it is the policies that are important, not the party implementing them. “
Mr. Colvin said that getting the regulatory process right was a key issue for the next government.
“We believe deregulation – both stemming the growth in new regulation and cutting back existing red tape - is a crucial part of the new government's economic task and a key element of the agenda for boosting national productivity,” he said.
“And, it is the system of creating and removing regulation that needs to be reformed, not just the regulations themselves.”
View the Open Letter to the next government of Australia
Media Contacts:
Steve Burrell, General Manager, Communications and Public Affairs, (02) 8248 6627 or 0407 708 485
Juliet Chandler, Manager, Internal Communications, (02) 8248 6624 or 0412 580 402
The Australian Institute of Company Directors provides education, information and advocacy for company directors Australia wide, with offices in each state to cater for 26,600 members. Our members work in diverse corporations such as small-to-medium enterprises, the ASX200 corporations, public sector organisations, not-for-profit companies, large private companies and smaller private family concerns