Published Impact Analyses

Announcement date
9 October 2023

Link to announcement 
https://www.ntc.gov.au/transport-reform/ntc-projects/hvnl-reform 

Problem being addressed

The review of the Heavy Vehicle National Law (HVNL) led by the National Transport Commission (NTC) identified a series of foundational changes to the HVNL as critical to accommodate in the current and future needs of Australia's heavy vehicle industry. At the June 2023 Infrastructure and Transport Ministers Meeting (ITMM) ministers endorsed the 14 recommendations detailed in the HVNL High-Level Regulatory Framework D-RIS.

Announcement date
25 November 2023

Link to announcement 
Albanese Government delivers for consumers and Australian fishing industry | Ministers for the Department of Industry, Science and Resources

Link to announcement 
Higher Education Support (OS-HELP) Guidelines 2023 (legislation.gov.au)

Problem being addressed
The current OS-HELP Guidelines 2013 will sunset 1 October 2023 and needs to be remade. 

Proposal
Amendments to the current content of the OS-HELP Guidelines 2013 are mainly to include additional procedural and administrative matters to the existing content. The Overseas Higher Education Loan Program (OS-HELP Guidelines) are made under section 238-10 of the Higher Education Support Act 2003 (HESA), which provides that the Minister may, by legislative instrument, make Guidelines. 

Assessed Impact Analysis outcome
Sunsetting instrument

Topic
Foreign Affairs

Announcement date
17/11/2023

Link to announcement 
https://www.pm.gov.au/media/landmark-indo-pacific-framework-agreements

Problem being addressed
The IPEF Supply Chain Agreement IA seeks to address two problems: the increasing frequency and severity of supply chain disruptions at the international level, and the concentration and chokepoints in critical supply chains. 

Proposal

The IA considers two options: to sign the negotiated Agreement, or to not sign. The negotiated Agreement has several focuses, which include:

Announcement date
12 August 2022 
 

Link to announcement 
Proposal P1052 – PPP Requirements for Horticulture (Berries, Leafy Vegetables and Melons) (foodstandards.gov.au)
 

Announcement date
28 September 2023

Link to announcement 
https://minister.infrastructure.gov.au/brown/media-release/facilitating-safer-trucks-australia

Announcement date
18 October 2023

Link to announcement 
Primary Industries (Excise) Levies Bill 2023

Problem being addressed

The current agricultural levies legislation has been in place since 1989 and has grown over time as industries have chosen to establish statutory levies on more commodities. There are currently more than 50 pieces of legislation governing over 110 levies across over 75 commodities and 18 levy recipient bodies.

Announcement date
2 January 2023

Link to announcement 
Consumer Goods (Non‑refillable Helium Cylinders) Safety Standard 2022 (legislation.vic.gov.au)

Problem being addressed
Deaths from suicide by asphyxiation of helium balloons occur in Australia and overseas. Between 2016 and 2021, the Victorian, Queensland and ACT Coroners have written to the ACCC on 17 occasions to notify of asphyxiation deaths caused by the deliberate inhalation of helium gas and to make recommendations for the ACCC to regulate helium balloon kits to reduce the number of suicides using these products.

Announcement date
10 October 2023

Link to announcement 
ASIC remakes financial reporting legislative instrument | ASIC

Problem being addressed
Set to sunset

Proposal
ASIC has certified that ASIC Class Order [CO 13/1050], which is scheduled to sunset on 1 October 2023, is operating efficiently and effectively. This certification was informed by a consultation process with affected parties. the instrument is being remade without changes.

Announcement date
22 September 2023

Link to announcement 
ASIC Derivative Trade Repository Rules 2023

Problem being addressed
ASIC Derivative Trade Repository Rules 2013 were scheduled to sunset on 1 October 2023.

Proposal
Remake the ASIC Derivative Trade Repository Rules 2013 under 903A(1) of the Corporations Act 2001 (the Act) in substantially the same form to continue the operation of the existing requirements for a further ten-year period.

In addition, we are proposing