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AAP
AAP
Jacob Shteyman

Corporate regulators told not to hinder nation's growth

ASIC Jim Chalmers APRA Economic Growth
The government is urging corporate watchdogs not to get in the way of Australia's economic growth. (Joel Carrett, Bianca De Marchi/AAP PHOTOS)

Treasurer Jim Chalmers has directed Australia's corporate regulators to support growth and productivity, following criticisms over-regulation is stifling investment.

Dr Chalmers has updated the government's statements of expectations for the Australian Prudential Regulation Authority and Australian Securities and Investments Commission for the first time since 2021, when the coalition was in power.

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