Regulation Impact Statement Updates

Non-compliance with best practice regulation requirements – Problem Gambling – Department of Broadband, Communications and the Digital Economy

10th February 2012

On 21 January 2012, the Prime Minister; the Minister for Families, Community Services and Indigenous Affairs; the Minister for Broadband, Communications and the Digital Economy and the Minister for Financial Services jointly announced the Government’s plan to tackle problem gambling. Of the regulatory measures announced, the Department of Broadband, Communications and the Digital Economy (DBCDE) has responsibility for

banning the promotion of live odds during sports coverage; extending ...

Non-compliance with best practice regulation requirements – Problem Gambling – Department of Families, Housing, Community Services and Indigenous Affairs

Aust Gov

10th February 2012

On 21 January 2012, the Prime Minister; the Minister for Families, Community Services and Indigenous Affairs; the Minister for Broadband, Communications and the Digital Economy and the Minister for Financial Services jointly announced the Government’s plan to tackle problem gambling. Of the regulatory measures announced, the Department of Families, Housing, Community Services and Indigenous Affairs has responsibility for

ensuring that all new poker machines manufactured from 2013 are...

Chemical Security: Precursors to homemade explosives – COAG Consultation Regulation Impact Statement – Attorney-General’s Department

COAG

9th February 2012

On 3 February 2012, the Attorney‑General’s Department released a Consultation Regulation Impact Statement (RIS) examining options to improve security arrangements for businesses that handle chemicals that can be used to make homemade explosives.

The RIS identifies eleven chemicals that can be legitimately purchased from Australian businesses and used in homemade explosives for terrorist or criminal purposes.

The Attorney General’s Department in cooperation with other...

Investment Manager Regime: Element 3 – Regulation Impact Statement – Treasury

Aust Gov

8th February 2012

On 16 December 2011 the Minister for Financial Services and Superannuation announced changes to the prospective tax treatment of foreign managed funds invested in Australian securities. These changes are in addition to two previous changes. The first, announced on 17 December 2010, addressed the uncertainties arising from tax positions dating from the inception of many foreign managed funds active in Australia. The second, announced on 19 January 2011, was in regard to the income tax...

Heavy Vehicle National Law – COAG Decision Regulation Impact Statement – Standing Council on Transport and Infrastructure

COAG

6th February 2012

On 4 November 2011, the Standing Council on Transport and Infrastructure agreed to implement the Heavy Vehicle National Law. It is the next step in the national heavy vehicle reform program, following on from the decision to create the Heavy Vehicle National Regulator. At the direction of the Council of Australian Governments (COAG), the Heavy Vehicle National Law is based on the existing ‘model laws’ developed by the National Transport Commission and the states and territories.

This...

Tuition Protection Service and other related measures– Implementation Regulation Impact Statement – Department of Industry, Innovation, Science, Research and Tertiary Education

Aust Gov

2nd February 2012

On 23 September 2011, the Minister for Tertiary Education, Skills, Jobs and Workplace Relations announced a decision to introduce a new Tuition Protection Service and other related measures.

The Tuition Protection Service is a single mechanism to place international students when an education provider closes, or as a last resort, to provide refunds of unexpended course fees. A number of complementary initiatives are also being introduced including:

limiting the amount of pre-paid...

Sharpening Our Approach to Weapons Controls – Regulation Impact Statement – Australian Customs and Border Protection Service

Aust Gov

1st February 2012

On 13 December, the Minister for Home Affairs and Justice announced laws to reduce the number of dangerous weapons, particularly knives, entering Australia.

The regulations were a Government election commitment to introduce controls to combat weapons-related crime and will align border laws with existing state and territory regulations. Knuckle dusters, ballistic or ‘firing’ knives, flick knives, butterfly knives, hand or foot claws and weighted gloves will be banned from import...

Reducing Red Tape for Business in South Australia 2010/11 Report

23rd January 2012

The South Australian Minister for Manufacturing, Innovation and Trade, as chair of the Competitiveness Council released a report on reducing red tape for business in South Australia.

The South Australian State Government program to cut bureaucratic red tape is being carried out in two phases. The first phase to reduce red tape finished $18 million ahead of target with net annual savings to business of $168 million. The second phase of an additional $150 million a year in net cost...

The Harmonisation and Modernisation of the Regulatory Framework Applying to Insolvency Practitioners in Australia – Regulation Impact Statement –Treasury

Aust Gov

18th January 2012

On 15 December 2011 the Parliamentary Secretary to the Treasurer announced amendments to personal and corporate insolvency laws.

The amendments address a wide range of issues that have had a negative impact on the efficiency and effectiveness of the insolvency system. The regulation of insolvency practitioners has been the subject of a number of reviews. The Senate Economics References Committee inquiry The regulation, registration and remuneration of...

Sanctions Reform: Employing or Referring Illegal Workers – Regulation Impact Statement – Department of Immigration and Citizenship

Aust Gov

16th January 2012

On 12 December 2011, the Minister for Immigration and Citizenship announced reforms to the sanctions regime for allowing non‑citizens to work (or referring for work) who do not have permission to work in Australia or who are working in breach of a visa condition.

The existing criminal penalties will be supplemented with new ‘non-fault’ based civil penalty provisions and infringement notices. The proposal will establish an employer sanctions framework designed to maximise voluntary...