Official website for Published Impact Analyses for decisions announced by the Australian Government, Ministerial Forums and National Standard Setting Bodies.
On 12 May 2015, the Australian Government announced changes to the honey levy and export charge to provide for the industry’s ongoing biosecurity obligations and priorities. The changes commencing on 1 July 2015 were:
The Australian Securities and Investments Commission (ASIC) remade three sunsetting legislative instrument without significant amendments on 27 July 2015: ASIC Class Orders [CO 04/909], [CO 05/681] and [CO 05/1070].
On 27 May 2015, the Treasurer introduced the Superannuation Guarantee (Administration) Amendment Bill 2015. The Bill contains two amendments to the employers’ choice of fund obligations that will reduce the compliance costs of the superannuation system on small businesses. Under these amendments, employers are no longer required to offer a choice of superannuation fund to:
On 3 June 2015, the Minister for Small Business introduced a Bill in the House of Representatives establishing the position of the Australian Small Business and Family Enterprise Ombudsman to advocate for and assist small business. A Regulation Impact Statement (RIS) was prepared and certified by the Treasury and was assessed as compliant and consistent with best practice by the Office of Best Practice Regulation (OBPR). The RIS examined ways to implement the Government’s election commitment to create a Small Business Ombudsman, including a dispute resolution role. The RIS estimates the Australian Small Business and Family Enterprise Ombudsman’s dispute resolution role will reduce regulatory burden by $7,000 per annum. The regulatory saving was agreed with the OBPR.