delete Naval Financial Regulations 1926 (Amendment)
An amendment to the Naval Financial Regulations 1926, updating internal financial management rules for the Royal Australian Navy—covering accounting, budgeting, procurement, and related administrative processes.
This amendment contributes to a patchwork of incremental changes to a century-old regulatory framework, adding unnecessary complexity and administrative burden without addressing the need for comprehensive modernization. Keeping it perpetuates red tape that distorts incentives, increases compliance costs, and delays decision-making within defence, ultimately wasting taxpayer resources.