From 1 July 2015, all Commonwealth regulators will be required to have implemented the ‘Regulator Performance Framework’. The Regulator Performance Framework is part of the Government’s red tape reduction agenda to reduce unnecessary or inefficient regulation imposed on individuals, businesses and community organisations.

Resources to assist with implementation of the Regulator Performance Framework

As the deadline for implementation of a risk-based approach to regulation fast approaches, we would like to take this opportunity to remind Commonwealth regulators about some resources we have prepared to assist with the implementation of the Regulator Performance Framework, including:

Risk-based approach required under the Regulator Performance Framework

Among other things, under the Regulator Performance Framework, Commonwealth regulators must implement a risk-based approach to regulation.