What happens when the process meant to protect the environment ends up killing off the very species it was designed to save?

Danielle Wood is chair of the Productivity Commission, Australia's principal independent policy advisory body on productivity, competition and regulatory reform. She began her career as a graduate and senior research economist with the Commission in 2002, spent nine years at the Grattan Institute, rising to chief executive in 2020, and returned to the PC as chair in November 2023, the first woman to lead the Commission or any of its predecessor agencies in more than a century.

In this conversation, Wood walks through the case study behind her essay The Red Tape Impulse, an endangered frog whose habitat restoration was approved too late to save it, and explains why she treats the tabloid test, now the TikTok test, as the real driver of regulatory risk aversion. She also sets out why fixing planning and housing regulation is the one problem she would solve overnight with a magic wand.

This episode covers:

• The green and gold bell frog case study, and what it reveals about regulatory fragmentation and the cost of not knowing which door to walk through
• Why 55 per cent of ASX 200 board time now goes to compliance, up from 25 per cent a decade ago, and what that does to business appetite for risk
• The tabloid test versus the TikTok test, and why a charter for regulatory honesty could do for red tape what budget honesty charters did for fiscal policy
• The case for cutting back excessive stakeholder consultation, a theme from Wood's speech on regulating for growth
• Why more than 75 per cent of land in most Australian capital cities is zoned for only one or two storeys, and what gentle density could unlock
• Wood's approach to AI, treating it as a last resort for new regulation but a genuine tool for regulators themselves
• Wood's magic wand answer: broad scale upzoning for gentle density across Australia's capital cities

Danielle also shares what's on her reading list right now. Her Substack recommendations:

• Eating Policy, Jennifer Pahlka's reflections on state capacity
• Derek Thompson, of Abundance fame
• Zac Gross, for thoughtful takes on Australian macroeconomics

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This episode is made possible with the support of Objective RegWorks – the software for regulators.

What does it actually take to build a profession out of regulation, from scratch?

Marcial Boo has spent three decades in UK public service, running four regulators across entirely different domains – the Independent Parliamentary Standards Authority, the Equality and Human Rights Commission, the Public Health Register during COVID-19, and now the Insolvency Practitioners Association (IPA). In 2021, he also founded the Institute of Regulation (IoR), built from a handful of volunteers into the UK's professional home for regulators.

In this conversation, Boo discusses why so few regulators think of themselves as regulators first, what it takes to move a Member of Parliament (MP) expenses system from paper receipts to algorithmic outlier detection, and why he sees a structural gap between policymaking and implementation as one of the system's biggest sources of friction.

This episode covers:

• Why regulatory identity is still "in the foothills" of becoming a genuine profession, and what the IoR is doing to build it
• The IPSA data story: how Boo took MP expenses from stapled paper receipts to a system that could flag suspicious mileage claims across 650 constituencies
• Whether a growth duty and regulatory independence can coexist, and why Boo believes stability is itself pro-growth
• The structural tension in the IPA's dual role as both a membership body and a regulator, and why Boo expects it to eventually split, as has happened in law and medicine
• Boo's magic wand answer: the understanding gap between the people who design regulation and the people who implement it

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This episode is made possible with the support of Objective RegWorks – the software for regulators.

In part two, the conversation shifts from the reform story to the bigger questions.

Sandra Parker PSM, former head of the Fair Work Ombudsman (FWO) and now a coach and facilitator for senior regulatory leaders through the Jeff Whalan Learning Group, talks about what she sees consistently in incoming regulatory leaders: the gaps that trip them up, the knowledge that nobody hands over at appointment, and what she'd fix if she had a magic wand.

Sandra also discusses the New Head of Regulator Pocket Guide, a practical resource Sandra helped develop through the Commonwealth Regulator Leadership Cohort. It was designed to give new heads of regulator the grounding the system doesn't otherwise provide. You can download it here.

This episode covers:

• The moment she found (or didn't find) her footing as a new regulator
• The most common capability gaps in incoming regulatory leaders: legislation, social licence, and the practical skills no handbook covers
• The case for mandatory induction, mentoring, and coaching at appointment, and why it should be in the minister's letter
• The Commonwealth Regulator Leadership Cohort and the heads of regulator pocket guide
• Enforcement philosophy: education vs compliance, and where the balance should sit
• The magic wand question and Sandra's answer, which isn't a policy reform
• Who shaped her thinking (hint: she went and sat in on other regulators' enforcement board meetings)

If you haven't listened to part one, start there.

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This episode is made possible with the support of Objective RegWorks – the software for regulators.