The Worst Regulator in Australia and Productivity Cancers

Perhaps others have different views, but to my mind, the race for the most pernicious and destructive regulator in this country is a neck and neck contest between APRA and Austrac.

ASIC and the ACCC may get more media attention, but when it comes to damage done, APRA and Austrac are streets ahead.

But if I am forced to choose, I would say that APRA is t…