I have a piece in the Herald Sun today, Over-regulation strangling much chance of success, which addresses the continually losing battle against the regulatory boa constrictor. Not easy to access on line but here is an ungated version.
It features the Illegal Logging Act, a Gillard initiative in support of the WWF campaign against forestry, that has now captured the Liberal government. The WWF aim is to close down any but plantation forestry (and they’re not too keen on that as well) partly funding this by industry (ie consumers) contributions. These take the form of Indulgencies that guarantee immunity from prosecution for firms who pay them a bribe rather than trying to trace the provenance of every scrap of wood they import.
The article also addresses the precarious state of UK which is losing its steel industry due to the same sort of renewable energy policies measures that are being copied by the Turnbull Government. And to the plight of miners facing hard times in markets while being assaulted by regulatory authorities under pressure from greens and nimbys.
Finally it draws attention to the boomerang affect that plain packaging of cigarettes has had – in undermining brand identification the market has been, at least partially, commoditised resulting in price reductions that, as night follows day, bring higher consumption levels. Even clear proof of this is insufficient to convince the health advocates, while the Greens are going one further and calling for plain packaging of toys – obviously a step into banning all forms of marketing and product identification.
Eternal vigilance by regulatory review authorities seems to be insufficient to stop the rot.