Published Impact Analyses
Official website for Published Impact Analyses for decisions announced by the Australian Government, Ministerial Forums and National Standard Setting Bodies.
Regulation Impact Statement for consultation – Department of Agriculture and Water Resources
On 22 August 2016 the Deputy Prime Minister and Minister for Agriculture and Water Resources announced the commencement of a public consultation process on proposed reforms to the regulation of imported food. A Regulation Impact Statement (RIS) has been prepared by the Department of Agriculture and Water Resources for consultation. The RIS was subject to an early assessment by the Office of Best Practice Regulation. The preferred option in the RIS would include changes to primary (and consequential subordinate) legislation to: mandate evidence of supply chain assurance for certain foods; broaden emergency powers; increase powers to monitor for new and emerging risks; recognise a foreign country’s food safety regulatory system; and harmonise the Imported Food Control Act 1992 with domestic food legislation where applicable – including requiring traceability.
Regulation Impact Statement – Department of the Treasury
On 31 August 2016, the Government introduced the Customs Tariff Amendment (Tobacco) Bill 2016 and the Excise Tariff Amendment (Tobacco) Bill 2016. The bills increase the rate of excise-equivalent customs duty on tobacco and tobacco products through a series of four annual increases of 12.5 per cent, commencing on 1 September 2017. A Regulation Impact Statement (RIS) was prepared and certified by the Treasury, and was assessed as compliant and consistent with best practice by the Office of Best Practice Regulation (OBPR). The RIS estimates the regulatory cost at $300,000 a year. The OBPR has agreed to the increase in regulatory cost.
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: