Business Leaders Urge Australia to Appoint Musk-Inspired ‘Minister for Deregulation’

The Australian business community is inspired by Musk’s US deregulation push, demanding similar action to eliminate wasteful programs and cut red tape.

Diners at a restaurant are seen in Melbourne, Australia, on Oct. 22, 2021. Asanka Ratnayake/Getty Images

Australia’s business community is calling for a renewed focus on cutting red tape and deregulation to revive the nation’s struggling economy.

The Business Council of Australia (BCA) has urged political parties to appoint a dedicated “Minister for Deregulation” to streamline government processes, particularly for environmental approvals and business licensing.