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AAP
AAP
Business
Kat Wong

Rethink on rules for everyday items could spur economy

Economy Jim Chalmers Australia United States
Australia has 7500 standards to ensure products from furniture packaging to baby formula are safe. (Dave Hunt/AAP PHOTOS)

Fixing rules for baby formula, carpeting, furniture packaging and other items could save Australians billions and stimulate the economy as the federal government seeks solutions to ailing productivity.

Australia has more than 7500 standards to ensure its products and services are safe.

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