Regulation Impact Statement Updates

Better Targeting the Research and Development (R&D) Tax Incentive

14th January 2020

Regulation Impact Statement – Department of the Treasury

On 5 December 2019, the Treasurer introduced the Treasury Laws Amendment (Research and Development Tax Incentive) Bill 2019, which implements a revised version of the Better targeting the research and development tax incentive measure announced in the 2018-19 Budget and introduced into the previous Parliament in September 2018.

The 2018 Bill was accompanied by a Regulation Impact Statement (RIS) that had been assessed by...

Addressing prescription opioid use and misuse in Australia

Aust Gov

14th January 2020

Independent Review – Therapeutic Goods Administration

On 12 December 2019, the Therapeutic Goods Administration introduced changes to the regulatory framework for prescription opioids to address prescription opioid use and misuse in Australia.

Changes will include:

Registration of smaller pack sizes for oral immediate-release prescription opioids. Requiring boxed warnings and class statements in the Product Information (PI) documents for all prescription opioids in...

Live sheep exports to, or through, the Middle East – Northern Hemisphere Summer

Aust Gov

2nd January 2020

Regulation Impact Statement for consultation – Department of Agriculture

On 20 December 2019, a Regulation Impact Statement on live sheep exports to, or through, the Middle East during the Northern Hemisphere Summer was released for consultation.

The RIS presents three options to manage the risk of heat stress in live sheep exported to, or through, the Middle East during the Northern Hemisphere Summer. The RIS considers the impacts of the status quo; prohibiting live sheep...

Phasing out certain waste exports

COAG

23rd December 2019

COAG Consultation Regulation Impact Statement

On 20 December 2019, the Department of Environment and Energy released for public consultation a COAG Consultation Regulation Impact Statement (RIS) on phasing out certain waste exports.

On 9 August 2019 at the meeting of the Council of Australian Governments (COAG), Australia’s First Ministers agreed Australia should establish a timetable to ban the export of waste plastic, paper, glass and tyres, while building Australia’s...

Enhancements to Unfair Contract Term Protections

COAG

20th December 2019

COAG Consultation Regulation Impact Statement – Legislative and Governance Forum on Consumer Affairs

On 13 December 2019, the Treasury released for public consultation a Regulation Impact Statement (RIS) on Enhancements to Unfair Contract Term Protections.

This consultation RIS invites interested parties to provide feedback on options to enhance the unfair contract term protections for small business, consumers and insurance contracts. Reforms presented in the RIS are designed...

Mandatory Primary Frequency Response

COAG

20th December 2019

COAG Consultation Regulation Impact Statement – Australian Energy Market Commission

On 19 December 2019, the Australian Energy Market Commission (AEMC) released a draft rule determination and accompanying draft rule titled National Electricity Amendment (Mandatory Primary Frequency Response) Rule 2020.

This draft rule requires all scheduled and semi-scheduled generators in the National Electricity Market (NEM) to support the secure operation of the power system by responding...

Victorian jurisdictional derogation – RERT contracting

COAG

20th December 2019

COAG Consultation Regulation Impact Statement – Australian Energy Market Commission

On 19 December 2019, the Australian Energy Market Commission (AEMC) released a draft rule determination and accompanying draft rule titled National Electricity Amendment (Victorian jurisdictional derogation – RERT contracting) Rule 2020.

This draft rule sets out a jurisdictional derogation to the National Electricity Rules (NER) to provide the Australian Energy Market Operator (AEMO) with the...

System restart services, standards and testing

COAG

20th December 2019

COAG Consultation Regulation Impact Statement – Australian Energy Market Commission

On 19 December 2019, the Australian Energy Market Commission (AEMC) released a draft rule determination and accompanying draft rule titled National Electricity Amendment (System restart services, standards and testing) Draft Rule 2020. The draft Rule aims to improve the provision and effectiveness of system restart ancillary services (SRAS).

The draft rule will enhance the ability of the...

Introduction of metering coordinator planned interruptions

COAG

20th December 2019

COAG Consultation Regulation Impact Statement – Australian Energy Market Commission

On 19 December 2019, the Australian Energy Market Commission (AEMC) released draft rules titled National Electricity Amendment (Introduction of metering coordinator planned interruptions) Draft Rule 2020 and National Energy Retail Amendment (Introduction of metering coordinator planned interruptions) Draft Rule 2020 and accompanying draft rule determination. The draft Rule will provide customers with...

Reducing customers’ switching times

COAG

20th December 2019

COAG Decision Regulation Impact Statement – Australian Energy Market Commission

On 19 December 2019, the Australian Energy Market Commission (AEMC) released the final rules titled National Electricity Amendment (Reducing customers' switching times) Rule 2019 and National Energy Retail Amendment (Reducing customers' switching times) Rule 2019 and accompanying final rule determination.

The final rule provides the Australian Energy Market Operator (AEMO) with flexibility to...