Published Impact Analyses

Announcement date
22 August 2025

Link to announcement 
ACECQA child safety report makes 16 recommendations 

Announcement date    
25 August 2025

Link to announcement 
https://www.legislation.gov.au/F2025L00984/latest/text

Problem being addressed
Home ownership rates have been falling in Australia over recent decades. Between 1994 and 2021, rates of home ownership declined from 71.4 per cent to 66.3 per cent. The ratio of housing prices to household disposable incomes has increased substantially in Australia over recent decades. The ‘deposit hurdle’ – the challenge of accumulating a sufficiently-sized deposit to purchase a home – has grown significantly. A broad range of households, particularly younger cohorts, face challenges in saving a deposit.

On 20 August 2025, the Minister for Social Services announced that the Australian Government would start to increase deeming rates from their relatively low levels introduced during COVID-19 to levels that more accurately reflect the returns pensioners and other payment recipients can reasonably access on their financial assets. From 20 September 2025, a deeming rate of 0.75% will apply to financial assets under $64,200 for singles and $106,200 for couples combined. Assets over this amount will be deemed at a rate of 2.75%.

Announcement date

The Food Standards Australia New Zealand (FSANZ) Board approved Proposal P1055 - Definitions for gene technology and new breeding techniques on 4 June 2025 and on 25 July 2025 at the Food Ministers’ Meeting, Ministers agreed to not seek a review.  

Link to announcement 

The announcement can be found in the communiqué of outcomes from the Food Ministers' Meeting held on 25 July 2025. The approval report and supporting document can be found on the FSANZ web page for Proposal P1055.

Announcement date

After an announcement on 28 July 2025, the National Health Amendment (Cheaper Medicines) Bill 2025 was introduced in the House of Representatives on 30 July 2025.

Link to announcement 

Media release and National Health Amendment (Cheaper Medicines) Bill 2025 

Problem being addressed

Announcement date

The Food Standards Australia New Zealand (FSANZ) Board approved Proposal P1059 - Energy labelling on alcoholic beverages on 7 April 2025 and on 25 July 2025 at the Food Ministers’ Meeting, Ministers agreed to not seek a review.  

Link to announcement 

The announcement can be found in the communiqué of outcomes from the Food Ministers' Meeting held on 25 July 2025. The approval report and supporting document can be found on the FSANZ web page for Proposal P1059.

Problem being addressed

Announcement date

24 July 2025

Link to announcement

https://www.aph.gov.au/Parliamentary_Business/Bills_Legislation/Bills_Search_Results/Result?bId=r7343

Problem being addressed

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