Treasurer targets red tape reduction in budget

Professor Chris Berg from RMIT University breaks down what this reform could mean in practice and whether the government’s targets are achievable

Treasurer Jim Chalmers has confirmed that cutting red tape will be a central focus of the upcoming federal budget, as the government responds to growing pressure from businesses and universities. The goal is to reduce unnecessary regulation by 25% by 2030 to improve efficiency and competitiveness.

The push is being framed as a major productivity reform, aimed at easing compliance burdens that have accumulated across sectors over time. Policymakers say the changes are designed to unlock faster decision-making and reduce costs for industry.

Professor Chris Berg from RMIT University breaks down what this reform could mean in practice and whether the government’s targets are achievable.

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