On 13 June 2012, the Minister for Finance and Deregulation, Senator the Hon Penny Wong, and the Assistant Treasurer (and Minister Assisting for Deregulation), The Hon David Bradbury MP, released the Australian Government's first annual report on regulation reform, Streamlined Effective Productive: an Annual Update on the Australian Government deregulation agenda. The report provides information on the regulatory review and reform measures achieved by the Australian Government in 2011 and 2012. The report also provides an update on the future deregulation agenda.