On 9 February 2022, the government introduced legislation to give effect to a national voluntary agriculture biodiversity stewardship market. This will enable agricultural landholders to undertake projects that enhance or protect biodiversity in native species and receive a tradeable certificate for doing so. It will facilitate private investment in projects that will support biodiversity protection and restoration. It will be primarily administered by the Clean Energy Regulator.
Published Impact Analyses
Official website for Published Impact Analyses for decisions announced by the Australian Government, Ministerial Forums and National Standard Setting Bodies.
Aust Gov
Department of Agriculture, Water and the Environment
Impact Analysis (IA)
Aust Gov
Department of the Treasury
Certified Independent Review
Independent Review – Department of the Treasury
On 24 January 2022, the Government announced an expansion of the Consumer Data Right to the telecommunications sector.
Aust Gov
Department of Home Affairs
Impact Analysis (IA)
Regulation Impact Statement – Department of Home Affairs
On 25 January 2022, the Minister for Home Affairs, the Hon Karen Andrews MP, announced the Government’s decision to implement a single government issuing authority for the aviation and maritime security identification card (ASIC and MSIC) schemes.
Aust Gov
Department of Home Affairs
Impact Analysis (IA)
Regulation Impact Statement – Department of Home Affairs
On 15 December 2021, the Minister for Home Affairs, the Hon Karen Andrews MP, and the United States Attorney General, Merrick Garland, signed an agreement between Australia and the United States that will enable law enforcement agencies to more efficiently access electronic data for investigations of serious crimes.
Commonwealth-State
Health Council
Impact Analysis (IA)
Department/Agency
Health Council
Decided by
Health Ministers’ Meeting
Problem being addressed
Free Trade Agreement between Australian and the United Kingdom of Great Britain and Northern Ireland
Aust Gov
Department of Foreign Affairs and Trade
Impact Analysis (IA)
Department/Agency
Department of Foreign Affairs and Trade
Problem being addressed
Removal of trade barriers with the United Kingdom of Great Britain and Northern Ireland present an opportunity for Australia to diversify its trading relationships and strengthen ties.
Proposal
Commonwealth-State
Sport Integrity Australia
Impact Analysis (IA)
Department/Agency
Sport Integrity Australia
Problem being addressed
Consideration of an Australian Sports Wagering Scheme, to streamline current processes and to provide clarity, transparency and consistency of the sports wagering regulatory regime at a national level, was a recommendation of the Review of Australia’s Sports Integrity Arrangements (Wood Review).
Proposal
Aust Gov
Department of the Treasury
Impact Analysis (IA)
Regulation Impact Statement – Department of the Treasury
On 17 December 2021, the Government introduced a number of reforms around transparency and accountability requirements of proxy advice services and disclosure of superannuation fund voting records.
The Department of the Treasury prepared a Regulation Impact Statement (RIS) to address a lack of clear regulatory settings around proxy advice and the potential for conflicts of interest between proxy advisers and their clients. The preferred option included the following measures:
Commonwealth-State
Australian Energy Market Commission
Impact Analysis (IA)
Department/Agency
Australian Energy Market Commission
Topic
Energy
Type
Ministerial Forum / Standard Setting Body
Announcement date
2/12/2021
Aust Gov
Department of Agriculture, Water and the Environment
Post Implementation Review (PIR)
On 15 December 2021 the Department of Agriculture, Environment and Water released the Post-Implementation Review (PIR) of the Competition (Industry Code – Sugar Regulations 2017.
The Department was required to prepare a PIR because the Prime Minister granted an exemption from the requirement to complete a Regulation Impact Statement due to urgent and unforeseen events in the export sugar industry.
The proposal was implemented in April 2017. A PIR was completed by the Department on 10 December 2021 and was assessed as compliant by the OBPR.