Australia has refined and improved its Regulatory Impact Analysis (RIA) settings since first establishing our RIA framework in 1986.
Our framework provides decision makers with the best available information on the net benefit of a policy proposal. It does this by supporting government agencies to analyse policy impacts on individuals, businesses, and community groups. Australia’s approach to RIA is recognised by The Organisation for Economic Co-operation and Development (OECD) as a global benchmark for best practice.
The Office of Impact Analysis (OIA) administers Australia’s RIA requirements from within the Department of the Prime Minister and Cabinet (PM&C).