delete Iron Bounty Regulations 1910
1910 regulation establishing government bounties (subsidies) for iron production, reflecting early industrial policy intervention in the resource sector.
Subsidy regimes distort market signals, waste taxpayer funds, and artificially prop up uncompetitive producers. This archaic intervention imposes compliance overhead and signals government endorsement of picking winners—contrary to free-market principles that would allocate capital more efficiently. Its mere existence perpetuates a flawed mindset and could be reactivated to harmful effect.