delete Conduct and Management of Government Factories Regulations (Amendment)
Regulations governing the conduct and management of Australian government factories, amended in 2014. The instrument prescribes operational requirements, workplace standards, and administrative procedures for state-owned manufacturing facilities.
Government factories represent state ownership of productive assets, an institution that Mises identified as inherently less efficient than private enterprise due to absence of profit-loss calculus. These regulations add compliance costs and bureaucratic constraints that further reduce whatever operational efficiency government factories might achieve. Wealth is created through private property and market competition, not government manufacturing. The amendment layer adds additional regulatory burden without addressing the fundamental problem that government ownership distorts economic calculation.