Regulatory Impact Analysis: Benchmarking
This study has concluded. The final report was sent to the Government on 28 November 2012 and was released on 13 December 2012.
The Australian Government, with the agreement of Council of Australian Governments' (COAG) Business Regulation and Competition Working Group, requested that the Productivity Commission undertake a benchmarking study into regulatory impact analysis (RIA) processes.
In undertaking this study, the Productivity Commission was requested to benchmark the efficiency and quality of Commonwealth, state and territory, and COAG RIA processes. The Commission was to specifically have regard to:
- when RIA are required and the factors which must be taken into consideration in analysis
- the mechanisms in place to ensure accountability and compliance with RIA processes
- specific evidence of where the RIA process has resulted in improved regulation
- how and when in the decision-making cycle decision makers engage
- whether there are leading practice examples in RIA that might usefully inform reform consideration by individual jurisdictions.
The study compared processes and identified leading practices so that individual jurisdictions might learn from the experiences of others and to enable existing processes to be refined to maximise their effectiveness.