Apr 1, 2014

Q. Do you think there needs to be more or less regulation of the following, or is the current regulation about right?

More regulation Less regulation Current regulation about right Don’t know Aged care providers 47% 13% 18% 22% Banking 42% 10% 30% 18% Financial planning 40% 10% 26% 24% Mining 39% 14% 25% 22% Building and construction 38% 15% 26% 21% Planning and development 34% 19% 24% 23% Private education services 32% 19% 26% 24%

Overall, respondents were more likely to think there should be more rather than less regulation of the industries listed.

In particular, they wanted more regulation of aged care providers (47%), banking (42%) and financial planning (40%).

While respondents aged 55+ were more likely to think there was too much regulation of businesses overall, they were more likely to want more regulation of financial planning (48%), building and construction (49%) and aged care providers (55%).

48% of those on income over $1,600pw wanted more regulation of financial planning.