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Published Impact Analyses

Official website for Published Impact Analyses for decisions announced by the Australian Government, Ministerial Forums and National Standard Setting Bodies.

Remake of Corporations (Derivatives) Determination 2013
Aust Gov
Department of the Treasury
Sunsetting Instruments and Guidelines

Announcement date
8 August 2023

Link to announcement 
Corporations (Derivatives) Determination 2023 

Problem being addressed
The Corporations (Derivatives) Determination 2013 (the instrument) sets out the classes of derivatives which are subject to the Australian Securities and Investments Commission’s derivative transaction reporting and clearing rules. This instrument and the rules that it enlivens, are a key part of Australia’s regulatory framework for derivatives, introduced in line with G20 recommendations following the global financial crisis. The instrument sunsets on 1 October 2023

Regulation of Safety Standards and Information Standards
Commonwealth-State
Department of the Treasury
Impact Analysis (IA)

Announcement date

28 November 2024

Link to announcement 

Treasury Laws Amendment (Fairer for Families and Farmers and Other Measures) Bill 2024

Problem being addressed

Businesses have indicated that complex layers of regulation and a product safety framework that is slow to respond to changing international consumer markets can contribute to unnecessary costs and confusion about their obligations when supplying goods that are regulated by mandatory Australian standards under the Australian Consumer Law (ACL). The most common problems that have arisen through consultation include:

Sunsetting of the National Health (Listing of Pharmaceutical Benefits) Instrument 2012 and National Health (Prescriber bag supplies) Determination 2012
Aust Gov
Department of Health and Aged Care
Sunsetting Instruments and Guidelines

Announcement Date and Link 

22 December 2023 - National Health (Prescriber bag supplies) Amendment Determination 2023 

29 March 2024 - National Health (Listing of Pharmaceutical Benefits) Instrument 2024 

Improving security frameworks for the energy transition: National Electricity Amendment (Operational Security Mechanism) Rule ERC0290
Commonwealth-State
Australian Energy Market Commission
Impact Analysis (IA)

Announcement date
22/09/2022

Link to announcement 
https://www.aemc.gov.au/rule-changes/improving-security-frameworks-energy-transition 

Problem being addressed
The National Electricity Market (NEM) is going through a significant transformation, with the generation mix changing due to decarbonisation, changing technology costs, and consumer preferences. 

Franchising Code of Conduct
Aust Gov
Department of the Treasury
Sunsetting Instruments and Guidelines

Announcement date
9 December 2024

Link to announcement
New franchising code to commence
Competition and Consumer (Industry Codes—Franchising) Regulations 2024

Problem being addressed
The Treasury notes that under the Legislation Act 2003, the Competition and Consumer (Industry Codes — Franchising) Regulation 2014 (the Regulation) is scheduled to sunset on 1 April 2025.

Proposal
The Treasury remake the Regulation without significant amendment. 

Assessed Impact Analysis outcome
Sunsetting instrument

Expanded Role for Registered Nurses to Improve Access to Healthcare
Commonwealth-State
Australian Health Practitioner Regulation Agency, Nursing and Midwifery Board of Australia
Impact Analysis (IA)

Announcement Date 

11 December 2024 

Link to Announcement  

Expanded role for registered nurses to improve access to safe and timely healthcare 

Problem Being Addressed 

Aviation and Maritime Transport Security Reforms
Aust Gov
Department of Home Affairs
Impact Analysis (IA)

Announcement Date
28 November 2024

Link to Announcement 
Transport Security Amendment (Security of Australia’s Transport Sector) Bill 2024  

Future use of the upper 6 GHz band 
Aust Gov
Australian Communications and Media Authority
Impact Analysis Equivalent

Announcement date
17 December 2024 

Link to announcement 
https://www.acma.gov.au/consultations/2024-05/planning-options-upper-6-ghz-band

Problem being addressed
The upper 6 GHz band (6425-7125 MHz) has received significant interest, both domestically and internationally, for the potential introduction of Radio Local Area Network (RLAN) and/or wide-area wireless broadband (WA WBB) services. 

Replacing the Community Development Program
Aust Gov
National Indigenous Australians Agency
Impact Analysis (IA)

Announcement dates & links 

11 December 2024 - Grants now open for the $707 million Remote Jobs Program
13 December 2024 - New Remote Employment Service to help job seekers build skills and strengthen communities

Problem being addressed 

SMS Sender ID Register
Aust Gov
Department of Infrastructure, Transport, Regional Development, Communications and the Arts
Impact Analysis (IA)

Announcement Date
3 December 2024

Link to Announcement 
Better protections for Australians from SMS scams | Ministers for the Department of Infrastructure

Problem Being Addressed
Scams affect all sectors of the community. In 2023, the Commonwealth Government service Scamwatch received over 8,000 reports of investment scams with total reported losses of $292 million.