Published Impact Analyses

Regulation Impact Statement – Department of the Treasury

On 16 September 2015, the Government introduced legislation to increase the level of independence in governance of superannuation funds by requiring superannuation trustee boards to have at least one-third independent directors and an independent chair. A Regulation Impact Statement (RIS) prepared by the Department of the Treasury has been assessed as compliant and consistent with best practice by the Office of Best Practice Regulation. The RIS estimates the proposal will increase regulatory burden by $13.15 million per annum. The OBPR agreed to the estimate of regulatory burden and offsets.

Remaking of sunsetting instrument without amendments – Department of Industry, Innovation and Science

The Department of Industry, Innovation and Science is scheduled to remake the Competition and Consumer (Industry Codes – Oilcode) Regulation 2016 without significant amendments. The review recommended that:

Post–implementation Review – The Treasury

COAG Consultation Regulation Impact Statement – Safe Work Australia

Regulation Impact Statement – Department of Environment and Energy

Independent Review – Australian Competition and Consumer Commission

Regulation Impact Statement – Department of Health

Regulation Impact Statement – Department of Health

Regulation Impact Statement – Department of Immigration and Border Protection

On 16 June 2015, the Australian Government announced the introduction of the Simplified Student Visa Framework (SSVF) to support Australia’s education services sector. The changes under the SSVF include:

COAG Consultation Regulation Impact Statement (RIS) – Food Standards Australia New Zealand