Published Impact Analyses

Announcement date
15 June 2023

Link to announcement
Greenhouse and Energy Minimum Standards Amendment (Administrative Changes) Bill 2023 (legislation.gov.au)

Problem being addressed
The Greenhouse and Energy Minimum Standards Act 2012 (the GEMS Act) permits the Australian Government to set mandatory minimum efficiency requirements for products, which helps drive greater energy efficiency and exclude the poorest performing products from the market. The GEMS Act also allows the Australian Government to set nationally consistent labelling requirements to increase consumers’ awareness of options to improve energy efficiency and reduce energy consumption, energy costs and greenhouse gas emissions.

Announcement date
26 June 2023

Link to announcement 
Biosecurity cost recovery implementation statements - DAFF (agriculture.gov.au)

Problem being addressed
Biosecurity activities manage the risk of pests and diseases that threaten Australia’s economy and environment. The Department of Agriculture, Fisheries and Forestry (DAFF) undertakes a range of regulatory activity and recovers the costs associated with this activity to ensure that the Australian biosecurity system remains robust, responsive to emerging risks and enables market access for Australian products.

Announcement date
20 June 2023

Link to announcement 
https://www.acma.gov.au/area-wide-apparatus-licensing-34-40-ghz-band

Announcement date
14 June 2023

Link to announcement 
https://www.aph.gov.au/Parliamentary_Business/Bills_Legislation/Bills_Search_Results/Result?bId=r7045

Announcement date
25 November 2022

Link to announcement 
Policy Guideline on menu labelling

Problem being addressed

Overweight and obesity is a significant public health issue in both Australia and New Zealand, as it affects most of the population, is a leading risk factor for chronic diseases and has an economic cost for government and society.  Menu labelling, which refers to the provision of nutritional information about food and drinks on menus to inform purchasing and consumption decisions, may be a cost-effective mechanism which can support people to make more informed choices about ready-to-eat foods. A 2017 review of menu labelling in Australia identified the following issues:

Announcement date
31 March 2023

Link to announcement 
Higher Education Provider Guidelines 2023 (legislation.gov.au)

Problem being addressed
The current Higher Education Provider Guidelines 2012 will sunset on 1 April 2023.

Proposal
Proposal is to remake the Higher Education Provider Guidelines 2012 under section 238-10 of the Higher Education Support Act 2003 and make the following procedural and administrative changes:

Announcement date
10 February 2023

Announcement date
22 May 2023

Link to announcement 
https://ministers.treasury.gov.au/ministers/stephen-jones-2022/speeches/address-responsible-lending-borrowing-summit

Announcement date
9 May 2023 

Link to announcement 
Importance of measurement recognised in the 2023–24 Budget | Department of Industry, Science and Resources

Problem being addressed
Australia’s measurement legislation underpins significant economic and social outcomes. The current legislation is outdated, imposes unnecessary regulatory burden and does not adequately support future industry or government needs. Modern legislation will minimise burden on industry, ensure continued confidence in measurement and adapt to evolving measurement needs.

Proposal
The National Measurement Institute created three options, alongside the status quo, through the development of this RIS:

Announcement date
9 May 2023

Link to announcement 
https://budget.gov.au/content/05-budget.htm#m8

Problem being addressed
The Two-Pillar Solution aims to address challenges that governments and multinational businesses are facing with current international corporate tax settings. It has become harder for governments around the world to raise corporate income taxation revenue from large multinationals. This arguably stems from outdated international conventions for corporate income taxation. These conventions were established a century ago and so did not account for today’s levels of digitalisation and globalisation. These problems require coordinated government action and cannot be addressed by market forces.

Proposal