Abbott's repeal day: Red tape to be cut and laws overturned
MORE than 8000 regulations will be put on the chopping block during the Abbott Government's first ever "repeal day", a new sitting day dedicating to cutting red tape.
The day, March 16, will be one of two annual sitting days aimed at repeal defunct regulations and laws, with the government to propose an "omnibus red tape reduction bill" and a series of deregulation bills on March 19.
Prime Minister Tony Abbott will address parliament on the repeal day to update the House on the government's deregulation agenda being led by his parliamentary secretary Josh Frydenberg.
It is understood Mr Frydenberg has conducted numerous meetings across the higher echelons of Australia's business world since the government took office, as part of efforts to identify regulations and laws that are no longer needed.
He said stakeholders had conveyed a "consistent message" there needed to be an urgent and significant reduction in regulation to improve productivity and competitiveness.
"The repeal day will also include the bulk-repeal of more than 8000 pieces of redundant legislation, which have sat on the statute books for far too long," he said.
Leader of the House Christopher Pyne said the day would also give local MPs a chance to highlight the impacts of regulations imposed under the previous Labor governments, and to outline the benefits of removing the regulations.
The government is yet to release details of what specific laws or regulations could be wound back or removed under the yet-to-be-released bills.