Another 'good in theory' idea. Trying to run a business in Australia is 'death by a thousand paper cuts'. Far too many rules. Letting individuals interact freely creates good outcomes 90+% of the time. Most of these rules are cost-benefit negative because the administrative burden of adherence exceeds the benefit of the new rule. Politicians and govt departments like them though; they get to put a dot-point on their list of achievements.
Unfortunately Australia has become a business-backwater (the upper bound of our capabilities is to dig stuff out of the ground and ship it overseas).
Sorry if this sounds negative, but every rule - however well-intentioned - steals attention and creativity away from entrepreneurs, slows the economy, drives up prices, reduces customer service, and benefits large incumbents who can withstand the burden.
Unfortunately Australia has become a business-backwater (the upper bound of our capabilities is to dig stuff out of the ground and ship it overseas).
Sorry if this sounds negative, but every rule - however well-intentioned - steals attention and creativity away from entrepreneurs, slows the economy, drives up prices, reduces customer service, and benefits large incumbents who can withstand the burden.