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Jim Chalmers has reassured big business leaders he wants to slash red tape in a second term Labor government

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Jim Chalmers has reassured big business leaders he wants to slash red tape, boost productivity and sieze the opportunities presented by artificial intelligence in a second term Labor government.
In a recent address to business leaders, Treasurer Jim Chalmers has promised to significantly reduce red tape if the Labor government secures a second term. Chalmers emphasized the government's commitment to streamlining regulations to foster a more business-friendly environment, aiming to boost productivity and economic growth. He highlighted the need for regulatory reform to cut down on compliance costs and bureaucratic hurdles, which he believes have been stifling innovation and efficiency. This move is seen as an attempt to reassure the business community of Labor's pro-business stance, despite previous concerns about the party's regulatory approach. Chalmers also mentioned ongoing consultations with industry leaders to ensure that the changes meet the needs of the business sector, signaling a collaborative approach to policy-making.

Read the Full thenightly Article at:
[ https://thenightly.com.au/politics/federal-election-2025/jim-chalmers-has-reassured-big-business-leaders-he-wants-to-slash-red-tape-in-a-second-term-labor-government-c-17622544 ]