COAG Decision Regulation Impact Statement – Australian Energy Market Commission

On 5 December 2019, the Australian Energy Market Commission (AEMC) released a final rule determination in which it decided to apply a demand management innovation allowance mechanism (DMIA) to electricity transmission network service providers (TNSPs). 

Research and development (R&D) in energy transmission can deliver overall benefits to consumers in the long term, but imposes high up-front...

Remaking of sunsetting instrument without significant amendments – Department of the Treasury

On 19 September 2019, the Governor‑General made the A New Tax System (Goods and Services Tax) Amendment (Transition) Regulations 2019. The Regulations amend the A New Tax System (Goods and Services Tax) Regulations 2019 to continue provisions from the A New Tax System (Goods and Services Tax Transition) Regulations 2000 that may have some further operation, and which were due to sunset on 1...

Remaking of sunsetting instrument without significant amendments – Department of the Treasury

On 5 September 2019, the Governor‑General remade with only minor amendments the A New Tax System (Luxury Car Tax) Regulations 2000, which were due to sunset on 1 October 2019. The newly remade A New Tax System (Luxury Car Tax) Regulations 2019 are scheduled to sunset on 1 October 2029.

The Regulations support the operation of the luxury car tax by:

COAG Consultation Regulation Impact Statement – Australian Energy Market Commission

On 21 November 2019, the Australian Energy Market Commission (AEMC) released a draft rule determination for the National Energy Retail Amendment (Regulating Conditional Discounting) Rule to amend the National Energy Retail Rules to limit the level of conditional discounts in energy retail contracts. The draft rule restricts conditional discounts and conditional fees to the "reasonable costs" the...