Its bit one of many if you want go looking for it .
Lets take universities Estimated cost 500 million in red tape .
Anyway highlighted by the article .
How much you reckon global warming is throwing on the economy as well .
I don't think they are talking about checking the brakes in the uni .
Universities have faced an onslaught of new red-tape and regulation. The cost of compliance-based reporting by Australia’s universities is estimated to be in excess of $500 million per annum – a staggering impost that diverts resources from where they are needed in teaching and world-leading research.
Go8 Chief Executive Vicki Thomson says the opportunity cost is enormous. “If the Government were to commit an additional $500 million dollars a year to targeted skills needs, the Go8 has identified that this would fund an estimated additional 1,000 graduating doctors a year and increase the production of domestic engineering bachelor graduates by two-thirds – both priorities identified by the Go8,” she said.
Ya can give the go8 a ring and see if they are being burdened with red tape .
https://go8.edu.au/the-cost-of-comp...liance-based,the opportunity cost is enormous.
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