Ref orming Regulation

The Government is focused on striking the right balance between necessary regulation and removing barriers to innovation and growth

Repealed Legislation

Repealed over 10,000 legislative instruments and

introduced legislation to repeal around

3,600 Acts of Parliament

Exceeded

Government’s annual $1 billion red tape

target

$4.5 billio

n

As of 2015 Spring Repeal Day12 November 2015

Improved Access

to Government services for over

8 million Australians

Savings

For every $1 added to the

cost of regulation,

the Government has

made decisions

that cut over $11

A New Framework

for Government regulation

Every Cabinet Submission now requires a RIS to assess costs and

benefits of proposals

The Australian Guide to Regulation setting

principles for good regulation

The Regulator Performance Framework to improve

how regulation is implemented

www.cuttingredtape.gov.au

Reforming Regulation

Lifting productivity for businesses

Making it easier

for small to medium businesses to finance their export activity.

Reducing processing time for some transactions by

40 per cent

This and other improvements could save businesses an average of

$5,000 per export contract

ATO simplified

how some businesses work out their

monthly Pay As You Go (PAYG) tax instalments

Saving$2.7million

in compliance costs annually

An estimated

447,000small businesses

will also benefit from higher entry thresholds to the

PAYG system

by reducing the need for low-risk stock and pet food to undergo the intensive

AgVet chemical assessments making them easier to access and improving productivity

Saving $7.85 million in compliance costs annually

Advice and support

for businessesAssisted over

102,000 contacts through

business.gov.au since Monday30 June 2014

Moving to online claims

by health professionals for Medicare bulk billing. Benefits

around

15,000 Health Professionals

Reducing administrative costs by moving from the current paper-

based channels

Reducing duplicate assessments

for Australian manufacturers of medical devices

Locally-made medical devices can get to market more quickly saving up to $6.1 million in compliance costs annually using conformity

assessment certification from European notified bodies

www.cuttingredtape.gov.au

Assisting Farmers

Reforming Regulation

Easier access for Individuals

Simpler more flexible identification requirements

Removing the need for consumers to provide identification twice

when buying and activating a prepaid mobile

and providing industry with more flexibility in

verifying identification

Saving $40.1 million

in compliance costs annually

New ATO myDeductions

initiativeClients can capture their deductions for the 2015-16 year by simply taking a photo of the receipt

and uploading it

Easier tax returns

Reduced record keeping cost for tax payers

Improving access for NDIS

participants

with new online self-service

capabilities to improve customer

service

Saving $31.4 million in compliance costs

annually

Reducing time spent applying for a passport by:

making it easier to replace a lost or stolen passport and issuing ten-year validity

passports to child applicants aged 16 or 17

EnhancingmyGov

services

Over 8 million myGov users

now have secure and convenient access to

10memberservices

through the use of asingle username and

password

Saving $93 million in compliance costs annually

www.cuttingredtape.gov.au