On September 9, the Australian Securities and Investments Commission (ASIC) announced the remake of ASIC Class Order [CO 12/752] Financial Requirements for Issuers of Retail OTC without significant amendments.
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
Australian Securities and Investments Commission
Sunsetting Instruments and Guidelines
Aust Gov
Department of Infrastructure, Transport, Regional Development, Communications and the Arts
Impact Analysis (IA)
Announcement date
13 September 2022
Link to announcement
https://www.legislation.gov.au/Details/F2022L01200
Proposal
The proposal seeks to remake the Broadcasting Services ("The Broadcasting Service" Definition - Exclusion) Determination 2019. This excludes live online streaming from the broadcast regulatory framework (e.g. online television simulcasts, online radio stations, and live streaming functions on social media platforms).
Assessed RIS outcome
Adequate
Department of Infrastructure, Transport, Regional Development, Communications and the Arts
Impact Analysis (IA)
Announcement date
13 October 2022
Link to announcement
https://minister.infrastructure.gov.au/c-king/media-release/cleaner-emissions-standards-trucks-and-buses
Problem being addressed
Noxious emissions from road vehicles are a major source of air pollution, causing illnesses and premature deaths. While Australia has standards in place to limit these emissions, key vehicle markets in Europe, North America and Asia have introduced more stringent standards. As Australia accounts for less than one per cent of global heavy vehicle sales, it risks having reduced access to the latest vehicle technologies developed for these markets if it doesn’t adopt these more stringent standards for emissions.
Aust Gov
Department of Health and Aged Care
Sunsetting Instruments and Guidelines
Announcement date
23/09/2022
Link to announcement
https://www.legislation.gov.au/Details/F2022L01252
Problem being addressed
Legislation set to sunset and be remade.
Aust Gov
Department of Infrastructure, Transport, Regional Development, Communications and the Arts
Impact Analysis (IA)
Department/Agency
The Department of Infrastructure, Transport, Regional Development, Communications and the Arts.
Topic
Communications
Type
Australian Government Framework
Commonwealth-State
Australian Energy Market Commission
Impact Analysis (IA)
Announcement date
8 September 2022
Link to announcement
Primary frequency response incentive arrangements | AEMC
Problem being addressed
Frequency varies whenever electricity supply does not exactly match consumer demand and uncontrolled changes in frequency can cause blackouts. Primary frequency response (PFR) is an essential system service that helps to control system frequency close to 50Hz. It is delivered through an automatic change in the generation or consumption of electricity from a generator or load in response to changes in system frequency.
Aust Gov
Attorney-General's Department
Certified Independent Review
Announcement date
27 September 2022
Link to announcement https://www.aph.gov.au/Parliamentary_Business/Bills_Legislation/Bills_Search_Results/Result?bId=r6916
Commonwealth-State
Department of Agriculture, Fisheries and Forestry
Impact Analysis (IA)
Announcement date
16 September 2022
Link to announcement
Commonwealth-State
Australian Energy Market Commission
Impact Analysis (IA)
Announcement date
8 September 2022
Link to announcement
AEMC publishes final rule to incorporate distribution connected facilities in Victorian gas market | AEMC
Problem being addressed
Commonwealth-State
Australian Building Codes Board
Impact Analysis (IA)
Announcement date
1 September 2022
Link to announcement
https://abcb.gov.au/ncc-2022-residential-energy-efficiency-final-decision-ris
Problem being addressed
The residential building sector is a major source of energy demand and use. While Australia has made considerable progress in the energy performance of residential buildings, there is still opportunity to implement actions that could further reduce the energy consumption of the sector.
Proposal
Options the RIS examined included: