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Red tape reductions to benefit Queensland’s economy

Red tape reductions to benefit Queensland’s economy

Red tape reductions could bring a boost to Queensland's economy.

In line with the government’s promise to reduce red tape by 20 per cent by 2018, the first ever repeal day is scheduled for Wednesday next week (March 26) and is expected to slash 8,000 redundant laws and legislation. This could equate to more than $1 billion worth of reduced administrative expenses for Australian businesses.

The initial stages of this momentous occasion are now underway, with an omnibus red tape reduction bill and a series of specific deregulation bills presented to parliament on March 19.

For those working in Queensland, one particular bill has the potential to boost construction and building projects across the state.

Attorney-General and Minister for Justice Jarrod Bleijie explained the QLeave scheme could generate significant savings for the construction, resources and tourism industries due to reduction of the QLeave levy rate from 0.3 per cent to 0.25 per cent.

“0.05 per cent may not sound like much but it will equate to an estimated $24 million in savings for the construction and resources industries,” Mr Bleijie said in a March 19 statement.

“Greater savings mean greater economic growth and job security for workers across Queensland.”

The QLeave authority ensures those working in the building and construction sector can access paid leave, regardless of whether they work for a single employer or over a number of projects as a contractor.

Mr Bleijie assures those working in Queensland’s construction industry that each and every single one of their QLeave benefits will be protected under these reforms.

Those seeking tourism apprenticeships in Brisbane and other locations in the Sunshine State should also benefit from the red tape reductions.

“Under a national agreement, Queensland is doing its bit to deregulate the travel industry and give agents more freedom to compete with the growing online tourism market,” Mr Bleijie revealed.

As travel agencies operating in bricks-and-mortar stores are subject to more costs and conditions than online competitors, it can be difficult for them to contend. Therefore, the red tape reduction initiative is working to remove administrative burden for local agents.

“Instead of a state licensing regime, the Australian Federation of Travel Agents is developing a voluntary accreditation scheme which will require certain conduct standards, proof of financial solvency and the holding of public liability and professional indemnity insurance,” said Mr Bleijie.

“These are all more positive steps towards the Government’s commitment to reducing red tape by 20 per cent in the next six years and making Queensland a great state with great opportunity,” he concluded.

By Leanne de Toerkenczy, Public Relations Coordinator

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