News in brief…14 May 2026

Legislation update: Bill to simplify and streamline business regulation introduced to Parliament; Productivity Commission opens inquiry on reducing regulatory barriers to business dynamism; New home loan numbers fell in March quarter: ABS

Legislation update: Bill to simplify and streamline business regulation introduced to Parliament The Federal Government has introduced a bill to parliament that would simplify and streamline regulation, particularly for businesses. The Regulatory Reform Omnibus Bill 2026 contains amendments to: make regulatory improvements for businesses by simplifying business reporting obligations, adding targeted safeguards for businesses that rely on intellectual property processes and easing adminis...

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Published Date: 14 May 2026