Published Impact Analyses

Announcement date
26 March 2025

Link to announcement 
ASIC Corporations (31-day Notice Term Deposits) Instrument 2025/172

Problem being addressed
The Australian Securities and Investments Commission (ASIC) Class Order [CO 14/1262] 31-day term deposits provided relief to allow term deposits which are only breakable upon 31 days’ notice to be treated as ‘basic deposit products’ despite not meeting the definition of that term in the Corporations Act.

The Class Order was due to sunset on 1 April 2025.

Announcement date 

21 December 2023 

Link to announcement  

ACECQA child safety report makes 16 recommendations 

Problem being addressed 

Announcement date

13 June 2025

Link to announcement 

Help to Buy Program Directions 2025

Problem being addressed

Home ownership rates have been falling in Australia over recent decades. While a variety of factors, including changing societal attitudes and norms, have impacted home ownership rates, the relative affordability of housing has fallen substantially over the past four decades. Strong and sustained increases in housing prices, particularly compared to growth in incomes, have made both saving for a deposit and servicing a mortgage significantly more challenging, particularly for low-income households. Between 1994 and 2021 rates of home ownership declined from 71.4 per cent to 66.3 per cent.

Proposal

Announcement date

25 March 2025 

Link to announcement

https://www.legislation.gov.au/F2025L00414/asmade/text 

Problem being addressed

Longer-term safety issues with medical devices (such as urogynaecological mesh and breast implants) are more likely to have serious clinical impacts some years after the device implantation. These may present in a different healthcare setting to the original procedure. 

Announcement date
19 September 2024

Link to announcement 
Native Title regulations change on 1 October 2024

Problem being addressed
The following four instruments supported native title application and agreement-making mechanisms through prescribing Court and Tribunal forms and fees, as well as prescribing procedural and notice requirements for applications:

Announcement date
25 March 2025

Link to announcement 
Apparatus and broadcasting licence condition determinations

Announcement date

3 May 2024

Link to announcement 

Toppling furniture mandatory standard 

Problem being addressed

The Australian Competition and Consumer Commission (ACCC) is aware of at least 28 deaths associated with toppling furniture in Australia since 2000 and estimates there are at least 900 injuries a year requiring medical treatment, with children aged up to 4 years most at risk. 

Announcement date

18 September 2024

Link to announcement 

Payday superannuation design details to ensure super is paid on time | Treasury Ministers

Problem being addressed

Announcement date

11 March 2025

Link to announcement 

⁠Security of Critical Infrastructure (Telecommunications Security and Risk Management Program) Rules 2025

Problem being addressed

Critical infrastructure is essential for Australia’s social and economic prosperity, national security and defence, and facilitating the provision of essential services across Australia. However, risks to Australia’s critical infrastructure have evolved in recent years. These risks are inherently complex and reflect factors including increased cyber connectivity and greater participation in, and reliance on, global supply chains to support the provision of essential services. 

Announcement date

23 February 2025

Link to announcement 

Strengthening Medicare: More bulk billing, more doctors, more nurses | Minister’s Media Centre

Problem being addressed

Australia is not generating enough general practitioners (GPs) to meet community need now and into the future. Modelling by the Department of Health and Aged Care demonstrates a growing shortfall of GPs, with 7,700 more GPs needed by 2033 growing to 12,400 more GPs needed by 2048.