Published Impact Analyses

Announcement date 
25 October 2024 

Link to announcement  
https://www.acma.gov.au/articles/2024-10/new-telco-rules-support-continued-access-triple-zero 

Problem being addressed 
The problem examined in this Impact Analysis (IA) is that on 28 October 2024, once Australia’s remaining 3G mobile networks operated by Optus and Telstra are shut down, some customers with affected mobile phones will not be able to make calls to Triple Zero. This not only includes 3G-only handsets but 4G handsets that cannot support calls to emergency services except over 3G. 

Announcement date
 23 September 2024

Link to announcement 
Sydney Airport Demand Management Amendment Bill 2024 – Parliament of Australia

Problem being addressed 

The Sydney Airport Demand Management Act 1997 (the Act) regulates the allocation and use of slots for aircraft to take off and land at Sydney Airport. The Act established the Sydney Airport Demand Management Framework, which provides a planning mechanism for runway movements at the airport to manage congestion, reduce delays and support efficient use of the airport.  

Announcement date
25 September 2024

Link to Announcement

https://www.legislation.gov.au/F2024L01211/asmade/versions 

Problem being addressed
The Department of Health and Aged Care note that under the Legislation Act 2003, the Therapeutic Goods Order No. 70C - Standards for Export Only Medicine regulation was due to sunset on 1 October 2024. 

Proposal
The Department of Health and Aged Care remade the regulation without significant changes.

Assessed Impact Analysis outcome
Sunsetting instrument 

Announcement date
9 October 2024

Link to announcement 
https://www.aph.gov.au/Parliamentary_Business/Bills_Legislation/Bills_Search_Results/Result?bId=r7250

Announcement date
9 October 2024

Link to announcement 
https://www.aph.gov.au/Parliamentary_Business/Bills_Legislation/Bills_Search_Results/Result?bId=r7255

Announcement date
9 February 2024

Link to announcement 
Federal Register of Legislation - Vehicle Standard (Australian Design Rule 99/01 – Lane Departure Warning Systems) 2024
 

Announcement date
10 October 2024 

Link to announcement 
Historic reforms for a more competitive economy enter Parliament

Problem being addressed
While most mergers and acquisitions are unlikely to raise competition concerns, some can harm competition, allowing businesses to raise prices and not pass on economic gains to consumers. Australia’s merger control system plays a crucial gatekeeper role in preventing these mergers from harming consumers and the wider economy.

Announcement date

2 October 2024

Link to announcement 
https://www.ntc.gov.au/transport-reform/ntc-projects/comprehensive-review-australian-dangerous-goods-code

Problem being addressed

The National Transport Commission (NTC) is progressing the first comprehensive update of the Australian Dangerous Goods Code (the Code) since 2007. Since then, many parts of the Code have become outdated and no longer align with modern industry practices or technologies.

Announcement date
23 September 2024

Link to announcement 
APRA remakes Prudential Standard APS 117 Capital Adequacy: Interest Rate Risk in the Banking Book (Advanced ADIs) | APRA

Problem being addressed
APRA notes that under the Legislation Act 2003, the Prudential Standard APS 117 Capital Adequacy: Interest Rate Risk in the Banking Book is due to sunset on 1 April 2025.

Proposal
APRA propose to remake the regulations without significant changes. 

Assessed Impact Analysis outcome
Sunsetting instrument 

Announcement date
18 September 2024 

Link to announcement
Payday superannuation design details to ensure super is paid on time

Problem being addressed
Retirement outcomes are not served by employees making uninformed or disengaged choices about their superannuation fund. Where employees are uninformed or disengaged, stapling and default superannuation fund arrangements protect consumers. Advertising of superannuation products during onboarding can confuse or pressure employees to make uninformed decisions, open inappropriate products and unintentionally create duplicate accounts. 
 
Proposal