This picture taken on April 15, 2025 shows people walking among the high-rise buildings in Sydney’s central business district at the end of office hours in Australia. Saeed Khan/AFP via Getty Images
An Australian think tank has catalogued over 150,000 red tape restrictions or rules developed since 2003 that are holding back the country’s economy.
Ahead of its annual conference, the Committee for the Economic Development of Australia (CEDA) released its latest report which found a 39 percent increase in the sheer volume of restrictions on businesses over a 20-year period.
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