Regulation Impact Statement Updates
Official website for publishing regulatory impact analysis information for regulatory decisions announced by the Australian Government, COAG and COAG Councils.
Amendments to Fair Work Legislation
Royal Commission into Trade Union Governance and Corruption – Department of Employment
On 22 March 2017, the Government introduced the Fair Work (Corrupting Benefits) Bill 2017 (the Bill) into the House of Representatives.
The Bill will amend the Fair Work Act 2009 in response to recommendations 40, 41 and 48 of the Final Report of the Royal Commission into Trade Union Governance and Corruption (TURC Report), to promote better governance of registered organisations.
Department of Employment (the Department) has certified that the TURC Report has followed a process and analysis equivalent to a Regulation Impact Statement as set out in the Australian Government Guide to Regulation. The Department is therefore compliant and consistent with best practice. The Office of Best Practice Regulation (OBPR) does not assess independent reviews.
The Department estimated that the amendments contained in the Bill will have annual regulatory costs totalling $0.327 million per annum. The OBPR has agreed to the Department’s estimate.
You can find the TURC Report on the department’s website here.