Red Tape for investors

RED TAPE FOR INVESTORS

What is your view about the extent and need for council regulations, requirements and administration for the development and building sector in Toowoomba?


Sometimes “too much red tape” is code for ”I can’t do it my way” or “make as much money as I like because they want me to… (fill in the blanks with some quality control measures) ”. We call for “sensible” regulation because in my experience self-regulation usually means cutting corners to be more competitive, which commonly ends up in the consumer receiving an inferior product or service. However, doing red tape for red tape sake is crazy, and good governance requires regular reviews to ensure that just enough and appropriate amount of bureaucratic process is in place to ensure the best products and services are in place. From my experience, too much “red tape” leads to under-productive projects, cost over-runs and time delays. Again, it is about transparency and balance, which means a review would be conducted involving the stakeholders (producers and the customers) to ensure just the minimum amount of regulation is in place to protect the common good. 

Authorised C Marendy 11 Burnell Crt, Toowoomba, QLD, 4350

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