Senate debates

Tuesday, 8 May 2012

Questions on Notice

Finance and Deregulation (Question No. 1692)

Photo of David BushbyDavid Bushby (Tasmania, Liberal Party) Share this | Hansard source

asked the Minister for Finance and Deregulation, upon notice, on 9 March 2012:

(1)   What is the current estimated cost of Commonwealth regulation in Australia for:

  (a)   agencies which implement regulation; and

  (b)   businesses and entities that are subject to regulation.

(2)   What is the current estimated impact on productivity resulting from new regulations imposed since 2007.

(3)   With reference to the department's annual report for 2010 11, which includes the statement 'Outcome 1 Informed decisions on government finances and continuous improvement in regulation making through: budgetary management and advice; transparent financial reporting; a robust financial framework; and best practice regulatory processes':

  (a)   what evidence can be provided indicating that the Government has achieved 'best practice regulatory processes' and that there has been 'continuous improvement in regulation making'; and

  (b)   can details be provided as to which regulators have shown improvements in regulatory performance and efficiency, and which regulators have reduced regulatory fees and charges to customers.

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