EDS: Not for use until 0001, Monday, July 8.
SYDNEY, July 8 AAP - Opposition Leader Tony Abbott will flesh out the coalition's plans to cut $1 billion worth of red and green tape from the Australian economy.
Mr Abbott and Senator Arthur Sinodinos will unveil the coalition's policy to boost productivity and reduce regulation at a function in Sydney on Monday.
The coalition says the plan will reduce Australia's regulatory burden by $1 billion a year.
Central to the policy are promises to repeal the carbon price and mining tax and streamline environmental regulation.
The coalition will also establish an overall deregulation unit within the Department of Finance and link senior public servants' bonuses to cuts to red tape.
Mr Abbott said the changes would create a more productive government and more efficient businesses.
"The Coalition will cut the regulatory burden by $1 billion a year and curtail the growth of regulation that is impeding the capacity of Australia to grow and succeed," he said.
"This policy will lower business costs and strengthen the economy."
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