Cutting red tape and supporting investment

Michael Ferguson,Minister for State Growth

This week in Parliament, we will introduce the Building and Construction (Regulatory Reform Amendments) Bill, as we continue to reduce red tape and attract more private sector investment in Tasmania.

Unnecessary red tape and over regulation can cause difficulties and significantly increase costs for Tasmanian small businesses and we are committed to removing these barriers and growing our economy and jobs.

This is particularly important as we head into post-COVID recovery, with investment and job creation now more important than ever before.

Our first tranche of reforms will introduce legislative timeframes for the permit process for energy, water and sewerage services, as well as apply timeframes to some planning processes that are not currently subject to any legislative timeframe.

Given the challenges Tasmania is currently facing, the need for clear, timely and efficient planning approval pathways has become a matter of increasing urgency and priority.

Later this year, we will introduce further legislative reforms as part of our ongoing work to provide clear, timely and efficient assessment processes that can deliver private and public sector infrastructure and development by streamlining the existing regulatory processes.

We know appropriate regulation is required to protect our community, but the impact of outdated and unnecessary red tape is a major concern for businesses.

The Tasmanian Liberal Government has a target to fix 85 per cent of reported red tape issues by 2022 and we are well on our way to achieving this.

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