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Governments are considering whether to agree to a national trucking regulator that could slash red tape and contribute to $2.4 billion in savings.

The Council of Australian Governments, meeting today in Darwin, will discuss whether to overhaul archaic regulations governing the road freight sector.

The nation’s transport ministers agreed in May to support the move to a single set of regulations, but Prime Minister Kevin Rudd and state and territory leaders will need to support the changes before they can be implemented.

COAG meets following the release of a report by the Productivity Commission urging governments to finally commit to seamless national laws.

It estimates the economy will save $2.4 billion if road, rail and maritime regulations are streamlined.

“The inconsistent state and territory government regulation surrounding the operation of road and rail freight imposes a considerable regulatory burden on business,” the Commission says.

"But care should be taken to ensure that a national framework does not impose additional regulatory burdens.”

More to come...

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Thursday, March 11, 2010