delete Statistics Amendment Determination 2004 (No. 1)
This instrument amends the Statistics Regulations 2004 to modify data collection standards, reporting thresholds, or compliance procedures for entities subject to statistical obligations. Its purpose is to improve the efficiency or accuracy of national statistics gathering.
Compulsory statistical reporting imposes direct compliance costs (time, money, expertise) on businesses and individuals, diverting resources from productive activity. The unseen cost includes distortion of business decision-making to satisfy reporting requirements, chilling effect on data innovation as private alternatives are crowded out, and expansion of bureaucratic state capacity that can be used for further intervention. Such instruments, however well-intentioned, inevitably grow in scope and burden, contrary to liberty and prosperity.