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Published Impact Analyses

Official website for Published Impact Analyses for decisions announced by the Australian Government, Ministerial Forums and National Standard Setting Bodies.

New mandatory safety standard for Helium balloon inflation kits
Aust Gov
Australian Competition and Consumer Commission
Impact Analysis (IA)

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.

Remake ASIC Class Order [CO 13/1050] Financial reporting by stapled entities
Aust Gov
Australian Securities and Investments Commission
Sunsetting Instruments and Guidelines

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.

Remake of the ASIC Derivative Trade Repository Rules 2013
Aust Gov
Australian Securities and Investments Commission
Sunsetting Instruments and Guidelines

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 

Sunsetting Airports Regulations stage 1a
Aust Gov
Department of Infrastructure, Transport, Regional Development, Communications and the Arts
Sunsetting Instruments and Guidelines

Announcement date
6 September 2023

Link to announcement 
Airports Regulations 2023 and Airports (Ownership) Regulations 2023

Problem being addressed
The Airports Regulations 1997 and Airports (Ownership-Interests in Shares) Regulations 1996 sunset on 1 April 2024, so will be automatically repealed if no government action is taken to replace them by that date.  If they are allowed to sunset, the Commonwealth regulation of activities and industry participants for 22 leased federal airports in Australia would be disrupted, creating uncertainty and potential safety, environmental and other impacts.

Remaking sunsetting ASIC class orders on takeovers, compulsory acquisitions and relevant interests
Aust Gov
Australian Securities and Investments Commission
Sunsetting Instruments and Guidelines

Announcement date
28 September 2023

Link to announcement 
Media release

Problem being addressed
These instruments relate to takeovers, compulsory acquisitions and relevant interests under Chapters 6, 6A and 6C of the Corporations Act 2001. The relief contained in them has been in place for over 20 years in predecessor instruments and provides technical relief and clarifications to:

Remake of National Health Security (SSBA Standards) Determination 2013
Aust Gov
Department of Health and Aged Care
Sunsetting Instruments and Guidelines

Announcement date
11 September 2023

Link to announcement 
National Health Security (SSBA Standards) Determination 2023 (legislation.gov.au)

Problem being addressed
The current National Health Security (SSBA Standards) Determination 2013 will sunset on 1 October 2023.

Proposal
Proposal is to remake the instrument without amendment.

Assessed Impact Analysis outcome
Sunsetting instruments

Remaking sunsetting instruments under the Shipping Reform (Tax Incentives) Act 2012
Aust Gov
Department of Infrastructure, Transport, Regional Development, Communications and the Arts
Sunsetting Instruments and Guidelines

Announcement date
16 September 2023 

Link to announcement
Shipping Reform (Tax Incentives) Regulations 2023 (legislation.gov.au)

Shipping Reform (Tax Incentives) (Specification of Kinds of Vessels) Instrument 2023 (legislation.gov.au)
 

Problem being addressed
Two sunsetting legislative instruments: the Shipping Reform (Tax Incentives) Regulation 2012 (the Regulation); and the Shipping Reform (Tax Incentives) Act 2012 –Subsection 10(5) specification of kinds of vessels (the Instrument) are due to sunset on 1 October 2023.

Review of Tobacco Control Legislative Framework (Thematic Review) 2023
Aust Gov
Department of Health and Aged Care
Impact Analysis (IA)

Announcement date
13/09/2023
 

Link to announcement 
Public Health (Tobacco and Other Products) Bill 2023

Problem being addressed

This Impact Analysis (IA) examines measures to support the National Tobacco Strategy 2023-2030 (NTS) and National Preventive Health Strategy 2021-2030 (NPHS), which include the following targets in respect to tobacco control:

Customer Service Guarantee (CSG) as part of a thematic review
Aust Gov
Department of Infrastructure, Transport, Regional Development, Communications and the Arts
Sunsetting Instruments and Guidelines

Announcement date
5 September 2023 

Link to announcement 
Register of Legislation

Prohibit the use of credit cards for online gambling
Aust Gov
Department of Infrastructure, Transport, Regional Development, Communications and the Arts
Certified Independent Review

Announcement date 
13 September 2023 

Link to announcement  
Legislation to ban credit cards for online gambling

Problem being addressed 
The use of credit cards in online gambling platforms and services is causing significant harm to businesses and individuals.

Proposal