The Payment Times Reporting Act 2020 (the Act) has been in operation for over 12 months, with 8,885 reporting entities reporting under the scheme and 16,801 payment times reports received to the Register by 30 June 2022. This first update provides a summary of reports...
Regulators should, at times, be unpopular. After all, it is their task to regulate. Nobody wants regulators who are captured by those they are tasked with policing. This report carries valuable advice for any government seeking to strengthen the nation’s regulatory systems.
Online marketplaces are performing an increasingly significant role in connecting Australian consumers and businesses and are an important link in building trust and confidence in the digital economy. This report examines potential competition and consumer issues in the provision of general online retail marketplaces to...
Impact of technological and other change on the future of work and workers in New South Wales: First report - the gig economy
A key recommendation in this inquiry report is for the NSW Government to establish a powerful new tribunal to set enforceable, fair standards for all workers in the gig economy, regardless of their employment classification.
The Digital Technology Taskforce has released this issues paper, seeking views on how Australia's regulatory settings and systems can maximise opportunities to enable and better facilitate the responsible use of new technologies, with a specific focus on artificial intelligence (AI) and automated decision making (ADM).
This report explores how the powerful fossil fuel, gambling and tobacco industries are attempting to take advantage of Australia’s weak integrity laws, thereby distorting the nation's democratic processes, to put profits ahead of society's wellbeing.
Australia can be a world leader in creating and adopting new tech products. This strategy details the pathway for Australia to embrace the technology jobs opportunity.
This report quantifies business regulations in a comparable way across eleven dimensions and 191 countries, in order to stimulate policy reform. This review recommends a major overhaul of the program and the way in which the annual indicators are assessed.
This report will be of interest to investors, regulators, and other stakeholders to better understand how top public-listed Australian companies are relating to and managing the different Sustainable Development Goals (SDGs). The report provides an analysis of the SDG disclosure practices in 2020 by the...
This draft report provides the South Australian Productivity Commission’s (Commission) initial findings and draft recommendations aimed at modernising South Australia’s (SA) regulatory framework. The task is to identify regulatory reforms to better support investment, reverse negative productivity trends and foster economic growth while protecting public...
This report delivers the Productivity Commission’s estimates of assistance provided to businesses for the year to June 2020. The review is set against a background of unprecedented industry assistance to counter the economic impacts of the COVID-19 pandemic, although most of this assistance has been...
This article describes the challenges but also the rewards to industry, the community and the environment when a 'problem-centric' approach to regulation, rather than process-driven or function-driven regulation, is adopted by Australian regulators.
The United Kingdom has regained its regulatory autonomy, but it remains unclear how the government plans to exercise it. This report explores how divergence from European Union rules could arise, why the government might want to act differently, the consequences this could have and how...
This report provides in-depth consideration of competition and consumer issues associated with the distribution of mobile apps to users of smartphones and other mobile devices. It specifically focuses on the two key app marketplaces used in Australia, the Apple App Store and the Google Play...
This paper asserts that Australia has inadequate corporate regulatory systems. This enables people who have been involved in corruption and other illegal activities to register companies in Australia.
Regulatory technology (regtech) is the use of technology to better achieve regulatory objectives. This paper is a discussion starter, targeted at policy makers and regulators. It identifies areas where regtech has been useful and offers further potential. It also highlights factors that policy makers and...
The Australian government is making changes to our insolvency framework to better serve Australian small businesses, their creditors, and their employees. The changes will introduce new processes suitable for small businesses from 1 January 2021, reducing complexity, time and costs for small businesses.
Reflecting on the impact of the COVID-19 pandemic on board practices and processes, the insights in this report have been drawn from interviews and roundtables with directors and company secretaries, as well as a survey of Australian Institute of Company Directors members.
This report combines data from the Australian Bureau of Statistics with RegData Australia to analyse the effect of red tape on business creation. The report finds that up to 398,000 additional businesses could have been created by 2018-19 if regulation was maintained at 2004-05 levels.
This report explores the policies to encourage technological adoption and how governments can better encourage technology uptake by firms and grow productivity.