AICD Submission to inform the Liberal Party’s deregulation agenda

On 30 April 2026 the AICD made a submission to the Liberal Party to inform its deregulation agenda.

The AICD welcomed the Liberal Party's focus on deregulation and its commitment to rebooting Australian enterprise through quality, effective regulation that facilitates growth and lifts Australia's global competitiveness.

The AICD made the following key recommendations to inform the Liberal Party's deregulation focus:

• Commit to an economy-wide regulatory reform agenda including a 25 per cent reduction in regulatory costs by 2030, backed by a published whole-of-government regulatory reform statement and a quarterly regulatory tracker.

• Implement a comprehensive, independent regulatory stocktake covering administrative, substantive compliance and delay costs to establish a credible baseline for measuring progress .

• Implement targeted regulatory relief in priority areas, including adjusting large proprietary company and climate disclosure thresholds, removing NFPs and Group 3 entities from the mandatory climate disclosure regime, implementing the Australian Law Reform Commission 's financial services law recommendations, reinstating an independent expert advisory body for corporate and financial services law reform, pausing Privacy Act Review implementation, and reviewing the suite of non-financial reporting obligations.

• Strengthen the flow of new regulation through mandatory rigorous impact analysis, an independent statutory commissioner to oversee the Office of Impact Analysis, and minimum four-week stakeholder consultation periods .

• Embed a pro-growth mindset within Government and regulators through explicit obligations in statements of expectations, equivalent Cabinet scrutiny for regulatory and budget proposals, and performance frameworks that recognise and reward regulatory restraint.

• Expand the National Competition Policy and the National Productivity Fund to drive harmonisation of occupational licensing, payroll tax and planning regulation across states and territories.