Regulation taskfore inquiry into reducing the regulatory burden on business background

REGULATION TASKFORE INQUIRY INTO REDUCING THE REGULATORY BURDEN ON BUSINESS

BACKGROUND

1. 
   The Commonwealth Government has established a taskforce to identify practical options for alleviating the compliance burden on business from government regulation. The taskforce has published an issues paper, and called for responses by 22 November 2005.
   

2. The Real Estate Institute of Australia (REIA) is the peak national professional association for the real estate industry in Australia. REIA has eight members, comprised of the State and Territory Real Estate Institutes, through which about 80% of real estate agencies are collectively represented. The real estate sector is dominated by small businesses, with 73% of agencies employing less than 10 people.