Regulation Impact Statement Updates

Application of the Regional Reference Node Test to the Reliability and Emergency Reserve Trader

16th August 2019

COAG Consultation Regulation Impact Statement – Australian Energy Market Commission

On 15 August 2019, the Australian Energy Market Commission (AEMC) released the draft rule determination for the National Electricity Amendment (Application of the Regional Reference Node Test to the Reliability and Emergency Reserve Trader) Rule 2019 (draft determination) to create transparency, predictability and consistency for the market, and remove as far as possible the need for Australian Energy...

Threshold for Participant Compensation Following Market Intervention

COAG

15th August 2019

COAG Consultation Regulation Impact Statement – Australian Energy Market Commission

On 15 August 2019, the Australian Energy Market Commission (AEMC) released the draft rule determination for the National Electricity Amendment (Threshold for Participant Compensation Following Market Intervention) Rule 2019 (draft determination) to provide the Australian Energy Market Operator (AEMO) with the tools to intervene in the market for reliability purposes or for power system security...

Smart Demand Response Capabilities for Selected Appliances

COAG

15th August 2019

COAG Consultation Regulation Impact Statement – COAG Energy Council

On 13 August 2019, the South Australian Department for Energy and Mining, on behalf of the Council of Australian Governments (COAG) Energy Council, released a consultation paper to explore the merits of requiring that all new air conditioners, resistive electric water heaters, electric vehicle chargers and pool pump controllers sold in Australia and New Zealand should have demand response capabilities, to reduce...

Measures to Improve Transparency in the Gas Market

COAG

9th August 2019

COAG Consultation Regulation Impact Statement – COAG Energy Council

On 8 August 2019, the Council of Australian Governments (COAG) Energy Council released a Consultation Regulation Impact Statement (the Consultation RIS) to explore options to improve transparency in the eastern and northern Australian gas markets.

The Consultation RIS focuses on addressing information gaps and asymmetries relating to gas and infrastructure prices, supply and availability of gas, gas demand, and...

Transparency of new projects

COAG

2nd August 2019

COAG Consultation Regulation Impact Statement – Australian Energy Market Commission

On 1 August 2019, the Australian Energy Market Commission (AEMC) released the draft rule determination for the National Electricity Amendment (Transparency of New Projects) Rule 2019 (draft determination) to improve the transparency of new generation projects in the National Electricity Market (NEM). The AEMC has also released the corresponding Draft National Electricity Amendment (Transparency of New...

Recommendations of the 2018 Review of the Model Work Health and Safety Laws – COAG Consultation Regulation Impact Statement – Safe Work Australia

COAG

23rd July 2019

On 24 June 2019, Safe Work Australia released for public consultation a Regulation Impact Statement (RIS) on the recommendations of the Review of the model WHS laws: Final report (the Review).

The Review examined the content and operation of the model WHS laws, including whether they are achieving the objectives stated in the model WHS Act or if they have resulted in unintended consequences. The Review found that, for the most part, the model WHS laws are working as intended, but...

Wholesale demand response mechanism

COAG

18th July 2019

COAG Consultation Regulation Impact Statement – Australian Energy Market Commission

On 18 July 2019, the Australian Energy Market Commission (AEMC) released the draft rule determination for the National Electricity Amendment (Wholesale demand response mechanism) Rule 2019 (draft determination) to provide a mechanism to facilitate wholesale demand response in the National Electricity Market. The AEMC has also released the corresponding Draft National Electricity Amendment (Wholesale...

Asia Region Funds Passport

Aust Gov

16th July 2019

Regulation Impact Statement - Department of the Treasury

On 28 March 2018, the Australian Government introduced the Corporations Amendment (Asia Region Funds Passport) Bill 2018 to develop a mutual recognition scheme where collective investment schemes based and regulated in one country (home country) could be ‘passported’ or sold to other investors in the region.

Australia’s funds management industry has a strong competitive advantage due to a well-developed, high quality...

Therapeutic Goods Order No. 78 – Standard for tablets and capsules

Aust Gov

5th July 2019

Remaking sunsetting instrument without significant amendments – Department of Health

On 21 March 2019, the Department of Health (the Department) remade the Therapeutic Good Order No. 78 (the Order) without significant amendment.

The remade Order, Therapeutic Goods (Standard for tablets, capsules and pills) Order 101, reflects changes made to the Therapeutic Goods Act 1989 since commencement of TGO 78 in 2009. It offers sponsors a choice to stay with existing requirements or to...

Independent Review - Australian Competition and Consumer Commission

Aust Gov

1st July 2019

On 3 April 2019, the Minister for Agriculture and Water Resources made the Water Charge Amendment Rules 2019.

The amendments update the water charge rules to improve pricing transparency and make it easier for operators to comply by:

combining the three sets of water charge rules administered by the Australian Competition and Consumer Commission (ACCC) into one instrument; making schedule of charges requirements clearer; simplifying the calculation and enhancing the transparency...