Published Impact Analyses

Announcement date

2 April 2022

Link to announcement

https://www.trademinister.gov.au/minister/dan-tehan/media-release/historic-trade-deal-india

Problem being addressed
Reduction of trade barriers with India present an opportunity for Australia to diversify its trading relationships, simplify trading processes and make the Australian economy more competitive.

Proposal
The Regulation Impact Statement analyses the costs and benefits of Australia signing an Economic Cooperation and Trade Agreement with India, and compares these to the status quo of no bilateral agreement.

Assessed RIS outcome
Adequate

Announcement date
1 April 2022

Link to announcement
Rule change to protect agriculture and regional communities - Joint media release with the Minister for Agriculture and Northern Australia the Hon David Littleproud MP

Problem being addressed
There is concern that the Emissions Reduction Fund (ERF) unintentionally incentivises reduced output on agricultural land in favour of native forest regeneration projects.  In these circumstances, there is a risk that high concentrations of native forest regeneration projects could reduce agricultural productivity and create negative flow-on impacts in local communities.

Proposal

Announcement date

29 March 2022

Link to announcement:

https://www.legislation.gov.au/Details/F2022L00440

Problem:

Five instruments made under the Telecommunications (Consumer Protection and Service Standards) Act 1999 that govern the provision of payphones were due to sunset on 1 April 2022 under the Legislation Act 2003. Payphones are still used by many in the community, especially among vulnerable groups, and in the event of natural disasters. Accordingly, the rules have ongoing utility.

Proposal:

Announcement date
12 January 2022

Link to announcement
https://www.legislation.gov.au/Series/F2018L00448

Announcement date
24 Feb 2022

Link to announcement
www.legislation.gov.au/Details/F2022L00211/Download 

www.legislation.gov.au/Details/F2022L00213/Download 

Announcement date
30 March 2022

Link to announcement
https://asic.gov.au/about-asic/news-centre/find-a-media-release/2022-releases/22-070mr-asic-extends-relief-for-business-introduction-services/

Announcement date
30 March 2022

Link to announcement
Industry Research and Development Decision-making Principles 2022 (legislation.gov.au)

Problem being addressed
The Industry Research and Development Decision-making Principles (2011) provide business certainty on how decisions are made by the Department of Industry, Science, Energy and Resources under primary legislation. These decisions include matters such as

Announcement Date
21 March 2022

Link to announcement
Industry Research and Development Regulations 2022 (legislation.gov.au)

Problem being addressed
The Industry Research and Development Regulations (2011) provide certainty for business on how decisions will be made under primary legislation for the Research and Development Tax Incentive, for example:

Announcement date
29 March 2022

Link to announcement
https://ministers.dese.gov.au/robert/morrison-government-delivering-australias-workforce-future

Problem being addressed

Announcement date
28 March 2022

Link to announcement
https://ministers.treasury.gov.au/ministers/michael-sukkar-2019/media-releases/2022-23-budget-backs-aspiring-homeowners

Problem being addressed
Various cohorts of Australians face barriers to home ownership due to high deposit requirements, despite their ability to meet mortgage serviceability requirements.