Aust Gov

19 March 2014

Changes to the Personal Property Securities Act 2009– Single stage Regulation Impact Statement – Attorney-General’s Department

On 19 March 2014 the Prime Minister announced changes to the rules that relate to when a lease may need to be registered on the Personal Property Securities Register.  The changes will simplify the requirements for leases of less than 12 months.

Business will no longer need to consider two timeframes: one for goods generally and [...]

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19 March 2014

Amendments to the Fair Work Act 2009 – Details-stage Regulation Impact Statement – Department of Employment

On 27 February 2014, the Department of Employment tabled amendments to the Fair Work Act 2009. Among other changes, the amendments seek to introduce good faith bargaining arrangements for greenfield employment agreements, and amend the existing rights of employee organisations to enter workplaces.

The main impact of these changes is to reduce compliance costs for business. The greenfields changes [...]

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19 March 2014

Streamlining Offshore Environmental Approvals – Single-stage Regulation Impact Statement – National Offshore Petroleum Safety and Environmental Management Authority

On 28 February 2014, the Minister for the Environment and the Minister for Industry announced that environmental approvals for offshore petroleum and greenhouse gas activities would be solely undertaken by the National Offshore Petroleum Safety and Environment Management Authority (NOPSEMA).

Previously, petroleum and greenhouse gas activities in Commonwealth waters that were likely to impact on matters [...]

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19 March 2014

Licensing and other amendments under the Safety, Rehabilitation and Compensation Act 1988 – Details-stage Regulation Impact Statement – Department of Employment

On 19 March 2014, the Prime Minister announced the amendments to the Safety, Rehabilitation and Compensation Act 1988. Among other changes, the amendments seek to allow greater access by national employers to the Commonwealth workers’ compensation scheme, and coverage under the Commonwealth workplace health and safety regime.

These changes would allow the option for national employers [...]

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18 March 2014

Protection of images and indicia for major sporting events – Options-stage Regulation Impact Statement – Department of Health

On 3 March 2014, the Department of Health released an options-stage RIS examining proposed protections of images and indicia for major sporting events. The proposed legislation would extend the existing trademark and copyright protection offered to organisers and sponsors of major sporting events by protecting certain words, phrases and images associated with these events in [...]

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28 February 2014

Regulation of aged care accommodation payments – Single-stage Regulation Impact Statement – Department of Social Services

On 28 January 2014, the Assistant Minister for Social Services made the Fees and Payments Principles 2014 (the Principles) and the Aged Care (Maximum Accommodation Payment Amount) Determination 2014 , which have the effect of introducing the process by which accommodation payments in residential aged care are approved.

Under this process, residential aged care providers that [...]

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21 February 2014

Amendments to the Fair Work Act 2009 – Options-stage Regulation Impact Statement – Department of Employment

On 31 January 2014, the Department of Employment released an options-stage RIS examining proposed amendments to the Fair Work Act 2009. The proposed amendments form part of the Government’s election commitments. Among other changes, they seek to introduce good faith bargaining arrangements for greenfield employment agreements, and amend the existing rights of employee organisations to [...]

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12 February 2014

Trans-Tasman Mobile Roaming – Option-stage Regulation Impact Statement – Department of Communications

On 30 January 2014, the Department of Communications announced public consultation on a draft of the Telecommunications Legislation Amendment (International Mobile Roaming) Bill 2014. The closing date for submissions is 28 February 2014. If enacted, the legislation would provide the Australian Competition and Consumer Commission (ACCC) new powers to investigate and undertake regulatory actions, if [...]

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12 February 2014

Harmonising cross-industry risk management requirements –Single-stage Regulation Impact Statement – Australian Prudential Regulation Authority

On 31 January 2014, the Australian Prudential Regulation Authority (APRA) announced amendments to its risk management guidance for prudentially regulated entities.  The new prudential standard seeks to harmonise and enhance cross-industry risk management requirements for authorised deposit-taking institutions (ADIs), general insurers, life insurers and single industry groups (Level 2 groups). The prudential standard will also [...]

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3 February 2014

Farm Management Deposits – Post-implementation Review – Department of the Treasury

In the 2011-12 Budget the then Government announced that it would provide primary producers affected by certain natural disasters earlier access to farm management deposits (FMDs) while retaining concessional tax treatment under the FMD scheme. The then Government also announced:

Minor changes to the administration of the FMD scheme. These changes require more timely reporting by [...]

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