Regulation of industries
Q. Do you think there needs to be more or less regulation of the following, or is the current regulation about right?
|
|
More regulation |
Less regulation |
Current regulation about right |
Don’t know |
| Aged care providers |
47% |
13% |
18% |
22% |
| Banking |
42% |
10% |
30% |
18% |
| Financial planning |
40% |
10% |
26% |
24% |
| Mining |
39% |
14% |
25% |
22% |
| Building and construction |
38% |
15% |
26% |
21% |
| Planning and development |
34% |
19% |
24% |
23% |
| Private education services |
32% |
19% |
26% |
24% |
Overall, respondents were more likely to think there should be more rather than less regulation of the industries listed.
In particular, they wanted more regulation of aged care providers (47%), banking (42%) and financial planning (40%).
While respondents aged 55+ were more likely to think there was too much regulation of businesses overall, they were more likely to want more regulation of financial planning (48%), building and construction (49%) and aged care providers (55%).
48% of those on income over $1,600pw wanted more regulation of financial planning.
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