Announcement date
08 July 2024
Link to announcement
Housing Australia Investment Mandate Amendment (2024 Measures No. 1) Direction 2024
Problem being addressed
The Housing Australia Future Fund (HAFF) and the National Housing Accord (Accord) are seeking to increase the supply of social and affordable housing for vulnerable and low-income households.
Proposal
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 the Treasury
Impact Analysis (IA)
Aust Gov
Department of Industry, Science and Resources
Sunsetting Instruments and Guidelines
Announcement date
19 August 2022
Link to announcement
ADGSM extended to 2030 to safeguard domestic energy supply | Ministers for the Department of Industry, Science and Resources
Problem being addressed
The Customs (Prohibited Exports) Regulations 1958, specifically the Australian Domestic Gas Security Mechanism (ADGSM), were scheduled to sunset on 1 January 2023, as per the Legislation Act 2003.
Aust Gov
Department of the Treasury
Post Implementation Review (PIR)
On 12 March 2021, then Treasurer, the Hon Josh Frydenberg MP, announced that the Government would introduce legislation to remove the preferential tax treatment for offshore banking units and close the regime to new entrants.
This announcement was made in response to concerns raised by the OECD’s Forum on Harmful Tax Practices (FHTP) in October 2018, relating to the concessional 10 per cent tax rate and ring-fenced nature of the regime.
A regulation impact statement (RIS) was not completed in 2021 as the then Prime Minister granted an exemption from the requirement to complete a RIS. The Australian Government’s regulatory impact analysis requirements stipulate that, under these circumstances, a post-implementation review is to be completed within two years of the relevant legislation being enacted (which occurred in September 2021).
Commonwealth-State
Department of the Treasury
Other
Announcement date
31 August 2023
Link to announcement
Unfair trading practices - Consultation Regulation Impact Statement
Problem being addressed
Aust Gov
Department of Climate Change, Energy, the Environment and Water
Impact Analysis Equivalent
Announcement date
28/06/2024
Link to announcement
Federal Register of Legislation - National Greenhouse and Energy Reporting (Measurement) Amendment (2024 Update) Determination 2024
Aust Gov
Department of Veterans' Affairs
Impact Analysis (IA)
Announcement date
3 July 2024
Link to announcement
New legislation to simplify and harmonise veteran compensation | Minister for Veterans' Affairs (dva.gov.au)
Problem being addressed
Aust Gov
Impact Analysis (IA)
Department/Agency
National Indigenous Australians Agency
Announcement date
1 July 2024
Link to announcement
Enduring resolution for victims of Youpla Group | Ministers Media Centre (pmc.gov.au)
Youpla Support Program - About us - Services Australia
Aust Gov
Department of Health and Aged Care
Impact Analysis (IA)
Announcement date
14 May 2024
Link to announcement
https://ministers.pmc.gov.au/gallagher/2024/budget-works-women
Problem being addressed
The Midwife Professional Indemnity Scheme (MPIS) currently indemnifies midwives for antenatal and postnatal care, but not homebirth and intrapartum care outside hospital. Owing to community demand, the Commonwealth sought to find a lasting market-based solution through a recent approach to market for insurers to offer cover for these services, but the tender was unsuccessful.
Aust Gov
Department of the Treasury
Impact Analysis Equivalent
Announcement date
24 June 2024
Link to announcement
Government response to the Independent Review of the Food and Grocery Code of Conduct
Problem being addressed
The voluntary Food and Grocery Code of Conduct (the Code) appears at Schedule 1 to the Competition and Consumer (Industry Codes—Food and Grocery) Regulation 2015. The Code was implemented in 2015 to address the imbalance in bargaining power between Australian supermarket retailers and their smaller suppliers. It was developed in response to concerns and complaints about the conduct of supermarkets towards their suppliers.
Aust Gov
Department of the Treasury
Impact Analysis Equivalent
Announcement date
15 June 2024
Link to announcement
Helping Australians get a better deal on banking products
Problem being addressed
The ACCC’s retail deposits inquiry identified that many deposit holders have not received increasing returns in line with rising interest rates because of low levels of customer engagement. Moreover, the market has developed products that feature requirements which customers often do not fulfil.