The government is now operating in accordance with the Guidance on Caretaker Conventions, pending the outcome of the 2025 federal election.
Official website for Published Impact Analyses for decisions announced by the Australian Government, Ministerial Forums and National Standard Setting Bodies.
Regulation Impact Statement – Treasury
On 11 November 2021, the Treasurer and the Minister for Superannuation, Financial Services and the Digital Economy announced new regulations to provide greater transparency of portfolio holdings by superannuation funds.
Agency
Department of Infrastructure, Transport, Regional Development and Communication
Announcement date
01 March 2021
Link to announcement
Agency
Department of Infrastructure, Transport, Regional Development and Communications
Problem being addressed
The impact of road trauma is significant, causing over 1,000 fatalities per year and costing the Australian economy over $29 billion per year. Light vehicle crashes cause the most fatalities and constitute almost $13 billion of the cost, including around $1.9 billion from crashes involving a light vehicle striking a pedestrian or the rear of another vehicle.
Independent Review – Department of Finance
On 28 October 2021, the Assistant Minister for Electoral Matters, the Hon Ben Morton MP introduced legislation to require voters to present identification at the issuing point of a polling place prior to receiving a ballot paper.
Department/Agency
Australian Energy Market Commission
Subject
Draft National Electricity Amendment (Enhancing operational resilience in relation to indistinct events) Rule 2022
Problem being addressed
Independent Review – Department of the Treasury & Attorney-General’s Department
On 27 October 2021, the Government introduced the Corporations Amendment (Improving Outcomes for Litigation Funding Participants) Bill 2021.
Agency
Australian Communications and Media Authority
Announcement date
19 August 2021
Announcement
Australian Government response to the Parliamentary Joint Committee on Corporations and Financial Services report Litigation Funding and the Regulation of the Class Action Industry, and the Australian Law Reform Commission report Integrity, Fairness and Efficiency – An Inquiry into Class Action Proceedings and Third-Party Litigation Funders
Independent Review – Attorney-General’s Department
Regulation Impact Statement for consultation – Attorney-General’s Department
On 25 October 2021, the Attorney-General released the Privacy Legislation Amendment (Enhancing Online Privacy and Other Measures) Bill 2021 (Online Privacy Bill) for consultation.
Regulation Impact Statement – Reserve Bank of Australia
On 22 October, the Reserve Bank of Australia (the Bank) concluded its Review of Retail Payments Regulation.
The Regulation Impact Statement (RIS) accompanying this decision investigates three policy problems relating to the Retail Payments System: dual-network debit cards (DNDC) and least-cost routing (LCR), interchange fees, and scheme fees. The RIS analyses a number of viable policy options, and the results of consultation on these options.