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Consultation: Improving technology neutrality of Treasury portfolio laws

The Institute of Public Accountants (IPA) chief executive officer, Andrew Conway says modernising business communication is a key driver of Australia’s future economic growth.

Consultation: Improving technology neutrality of Treasury portfolio laws
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Consultation: Improving technology neutrality of Treasury portfolio laws

The IPA has labeled the call for public consultation on improving the technology neutrality of Treasury portfolio legislation "timely".

“If anything, good has come from the COVID-19 pandemic, it is the push to continue Australia’s deregulation agenda and ensure legislation is drafted so that it may stand the test of time and eliminate unnecessary business processes.

“This consultation is essential as one of its objectives is to ensure Australia does not restrict the use of current and future technologies," said Mr Conway. 

He stressed the importance of businesses benefiting from consistency in the way the law treats similar types of business communication now and into the future. 

"That is why the Deregulation Taskforce is seeking to ensure a principles-based approach to legislative reform for business communications is applied,” said Mr Conway.

The consultation period closes on 28 February and information on making a submission can be sourced here.

 

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