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'Minimum effective regulation' and the mining industry

Chairman's speech

On 3 June 2003 the Chairman Gary Banks gave a speech, ‘Minimum effective regulation’ and the mining industry, to the Minerals Council of Australia's Annual Industry Seminar.

  • Contents


The Industry Commission’s 1991 inquiry

Have things changed enough?

International perspectives on Australia’s regulatory performance
Some regulatory issues remain important

A more 'positive' industry attitude

A key goal: ‘minimum effective regulation’
Some necessary attributes

Benefits from more light-handed approaches
Self-regulatory approaches
A role for quasi-regulation?

Good regulation requires good process
The role of regulation impact statements
The compliance record
The problem areas

In conclusion