A broad ranging review of the current NSW regulatory policy framework that underpins regulatory quality across the whole of the NSW Government. This included both policy and statutory requirements that govern how the Government develops, assesses, reviews and reforms legislation and regulations to the extent they impose costs on businesses, consumers and the community.

The Panel conducting the Review was asked to consider whether the current approach to distributing the GST (according to the principle of horizontal fiscal equalisation, hereafter referred to as HFE) would ensure that Australia is best placed to respond to the expected significant structural changes in the economy and would maintain public confidence in financial...