Skip to main content

Published Impact Analyses

Official website for Published Impact Analyses for decisions announced by the Australian Government, Ministerial Forums and National Standard Setting Bodies.

Consultation Regulation Impact Statement – Draft Rule Determination – National Electricity Amendment –Integrating price-responsive resources in the National Electricity Market (NEM) 
Commonwealth-State
Australian Energy Market Commission
Other

Announcement date

25 July 2024

Link to announcement

Integrating price-responsive resources into the NEM | AEMC

Problem being addressed 
Aggregated Consumer Energy Resources (CERs), such as independent small electricity resources solar panels and small scale batteries in virtual power plants, are not currently integrated into the spot market for the NEM. These energy resources are not currently scheduled through the market dispatch process therefore may not be able to influence market price signals.  

Sunsetting review of Insurance Regulations
Aust Gov
Department of the Treasury
Sunsetting Instruments and Guidelines

Announcement date - Link to announcement 
26 February 2024 - Insurance Regulations 2024

26 February 2024 - Life Insurance Regulations 2024

26 February 2024 - Treasury Laws Amendment (Insurance) Regulations 2024

18 March 2024 - Insurance Acquisitions and Takeovers (Public Interest) Determination 2024

Commercial Ice Maker Energy Efficiency
Commonwealth-State
Department of Climate Change, Energy, the Environment and Water
Impact Analysis (IA)

Announcement date
15 May 2023

Link to announcement 
Improving the energy efficiency of commercial ice makers | Energy Rating

Supporting social and affordable housing under the Housing Australia Future Fund and the National Housing Accord
Aust Gov
Department of the Treasury
Impact Analysis (IA)

Announcement date
08 July 2024

Link to announcement 
Housing Australia Investment Mandate Amendment (2024 Measures No. 1) Direction 2024

Problem being addressed
The Housing Australia Future Fund (HAFF) and the National Housing Accord (Accord) are seeking to increase the supply of social and affordable housing for vulnerable and low-income households.

Proposal

Sunsetting Instrument - the Australian Domestic Gas Security Mechanism
Aust Gov
Department of Industry, Science and Resources
Sunsetting Instruments and Guidelines

Announcement date
19 August 2022

Link to announcement 
ADGSM extended to 2030 to safeguard domestic energy supply | Ministers for the Department of Industry, Science and Resources 

Problem being addressed
The Customs (Prohibited Exports) Regulations 1958, specifically the Australian Domestic Gas Security Mechanism (ADGSM), were scheduled to sunset on 1 January 2023, as per the Legislation Act 2003. 

Removing the Preferential Tax Treatment for Offshore Banking Units
Aust Gov
Department of the Treasury
Post Implementation Review (PIR)

On 12 March 2021, then Treasurer, the Hon Josh Frydenberg MP, announced that the Government would introduce legislation to remove the preferential tax treatment for offshore banking units and close the regime to new entrants.

This announcement was made in response to concerns raised by the OECD’s Forum on Harmful Tax Practices (FHTP) in October 2018, relating to the concessional 10 per cent tax rate and ring-fenced nature of the regime.

A regulation impact statement (RIS) was not completed in 2021 as the then Prime Minister granted an exemption from the requirement to complete a RIS. The Australian Government’s regulatory impact analysis requirements stipulate that, under these circumstances, a post-implementation review is to be completed within two years of the relevant legislation being enacted (which occurred in September 2021).

Protecting consumers from unfair trading practices
Commonwealth-State
Department of the Treasury
Other

Announcement date
31 August 2023 

Link to announcement 
Unfair trading practices - Consultation Regulation Impact Statement

Problem being addressed

Amendments under the National Greenhouse and Energy Reporting Scheme (NGERS)
Aust Gov
Department of Climate Change, Energy, the Environment and Water
Impact Analysis Equivalent

Announcement date
28/06/2024

Link to announcement 
Federal Register of Legislation - National Greenhouse and Energy Reporting (Measurement) Amendment (2024 Update) Determination 2024

Veterans’ Compensation and Rehabilitation Legislation Reform
Aust Gov
Department of Veterans' Affairs
Impact Analysis (IA)

Announcement date
3 July 2024

Link to announcement
New legislation to simplify and harmonise veteran compensation | Minister for Veterans' Affairs (dva.gov.au) 

Problem being addressed

Resolution to the collapse of the Youpla Group
Aust Gov
Impact Analysis (IA)

Department/Agency
National Indigenous Australians Agency

Announcement date
1 July 2024

Link to announcement 
Enduring resolution for victims of Youpla Group | Ministers Media Centre (pmc.gov.au)
Youpla Support Program - About us - Services Australia