The chief executive of a key compaction equipment firm in Australia has joined the chorus of business leaders calling for a reduction in red tape and compliance requirements on construction and other businesses.

Ian Coleman, managing director of compaction equipment business Conplant, a New South Wales based sales and hire firm of rollers, soil compactors and other equipment, says red tape is preventing mid-tier firms in Australia from reaching their full potential. Coleman says mid-market businesses (turnover of $10 to $250 million) within…