The Office of Best Practice Regulation (OBPR) has published a range of guidance material associated with the Australian Government Guide to Regulation. The way businesses compete against each other greatly affects the welfare of consumers. In the absence of competition, consumers are likely to be worse off. Competition can also be a driver of efficiency and innovation, both of which lead to enhanced productivity. For that reason, the Guide to Regulation and the COAG Best Practice Regulation Guide, require that the competition impacts of new regulatory proposals be examined in a Regulation Impact Statement (RIS). Furthermore, both the Guide to Regulation and the COAG Guide require additional ‘competition tests’ for a RIS that recommends a regulatory proposal that the OBPR has assessed as restricting competition. The purpose of this guidance note is to assist policy makers to understand the RIS requirements associated with these additional tests.
- Competition and Regulation - DOCX [
1.6 MB] - Competition and Regulation - PDF [
131 KB]