COAG Decision Regulation Impact Statement – Standing Council on Federal Financial Relations

In March 2017, the Australian States and Territories agreed to implement a National Injury Insurance Scheme (NIIS) for people who have been catastrophically injured in motor vehicle accidents. The States and Territories further agreed to impose an agreed set of minimum benchmarks for these schemes.

The NIIS works alongside the National Disability Insurance Scheme (NDIS). It is intended...

Consultation Regulation Impact Statement

The New South Wales Environment Protection Authority (EPA) has released for public consultation a Council of Australian Governments (COAG) regulation impact statement (RIS) examining permanent exemption from mutual recognition arrangements for the NSW Container Deposit Scheme (CDS).

The NSW CDS laws impose certain requirements on the sale of beverages that are not required in other jurisdictions or New Zealand that do not have a CDS. As...

Regulation Impact Statement - Department of Health

The Government announced changes to its My Health Record system as part of the 2017-18 Budget. The My Health Record system will change to an opt-out model.

As a result of these changes, every Australian will have a My Health Record unless they prefer not to. Transition to opt-out participation will bring forward benefits to patients and medical service providers many years sooner than the current opt-in arrangements.

The...

Class Order for Offers of Securities on Internet– Australian Securities and Investments Commission

On 7 March 2017, the Australian Securities and Investments Commission (ASIC) remade the Class Order (CO 02/246) without significant amendments in ASIC Corporations (Offers over the internet) 2017/181 (the instrument).

The instrument continues the exemption for foreign offerors of financial products from complying with the Product Disclosure Statement obligation and advertising...