Official website for Published Impact Analyses for decisions announced by the Australian Government, Ministerial Forums and National Standard Setting Bodies.
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:
Announcement date
26 August 2022
Link to announcement
https://austroads.com.au/drivers-and-vehicles/registration-and-licensing/heavy-vehicle-driver-competency-framework/c-ris/_nocache
Problem being addressed
Heavy vehicles are overrepresented in casualty crashes particularly those involving a fatality – while making up approximately 5% of the total vehicle fleet, they are involved in 16% of road crash fatalities and 4% of injuries. It is the role of the NHVDCF and existing heavy vehicle licensing regimes to help protect all road users by ensuring heavy vehicle drivers are sufficiently competent to safely drive the vehicle they are seeking to operate.
Announcement date
28 July 2022
Link to announcement
https://www.aph.gov.au/Parliamentary_Business/Bills_Legislation/Bills_Search_Results/Result?bId=r6882
Problem being addressed
Family and domestic violence is not just a criminal justice or social issue, but an economic and a workplace issue. The financial impacts of family and domestic violence can be significant, and, in many circumstances, those affected are unable to take steps to leave violent situations without risking unemployment, financial hardship or homelessness.
Proposal
Announcement date
19/08/2022
Link to announcement
https://minister.agriculture.gov.au/watt/media-releases/australian-animal-welfare-standards-guidelines-for-poultry
On 21 May 2020, then Treasurer, the Hon Josh Frydenberg MP, announced the Australian Government would extend the ban on conflicted remuneration to listed investment companies and trusts, commencing 1 July 2020.
As this measure was likely to have major impacts on affected businesses and individuals, a Regulation Impact Statement (RIS) was required to be prepared, but was not completed and assessed by the Office of Best Practice Regulation (OBPR) prior to the final decision. Consequently, the OBPR assessed the RIS process for the proposal as insufficient with the Australian Government’s Regulatory Impact Analysis requirements. Accordingly, a post-implementation review was required to be completed within two years of its implementation.
The Treasury has completed the post implementation review for the Extending ban on conflicted remuneration for listed investment companies and trusts, which has been assessed as adequate by the OBPR.
Announcement date
18 August 2022
Link to Announcement
https://consultation.accc.gov.au/accc/infant-inclined-consultation-regulation-impact/
Problem being addressed
Announcement date
5 August 2022
Link to announcement
https://www.legislation.gov.au/Details/F2022L01045
Problem being addressed
Legislation set to sunset and be remade.
Problem being addressed
The ability to access, transport and use explosives in a safe and secure manner is essential for fulfilling the unique operational requirements of the Commonwealth Government Agencies such as the Department of Defence (including visiting foreign government officials), the Department of Home Affairs, the Australian Federal Police, and contractors, acting on the behalf of Commonwealth agencies. These stakeholders use explosives for training, operations, research and development, and various other purposes.
The importance of explosives in achieving Commonwealth objectives creates the need for a consistent, legally entrenched, modernised explosives regulatory regime. This regime must meet the needs of the Commonwealth, as well as other impacted stakeholders, including individuals, the community, industry, and State and Territory governments.
Proposal
Independent Review – Australian Prudential Regulation Authority
On 5 August 2021, the Australian Prudential Regulation Authority (APRA) announced a final revised Prudential Standard APS 111 Capital Adequacy: Measurement of Capital (APS 111).
The updates to the Prudential Standard on capital adequacy are designed to reinforce financial system resilience, promote simple and transparent capital issuance through removing the allowance for the use of special purpose vehicles (SPVs) in regulatory capital issuance, and clarify aspects of APS 111 to assist Authorised Deposit-Taking Institutions issue capital instruments.