Page 1865 - Week 06 - Wednesday, 8 June 2022
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time spent on compliance activity where possible, while supporting regulator best practice and performance for both individual businesses and the broader community. We will continue to work with business and monitor our progress against the agenda.
Finally, as well as delivering these streams of the Better Regulation Agenda, the task force will use the agenda to work towards a regulatory quality framework. Regulation that is done well can boost the economy and deliver the best outcomes for ACT businesses, consumers and the community at large. Our analysis of regulatory reform approaches across Australia and abroad has shown that there is no single right way to improve regulatory quality. Each jurisdiction has its own approach, processes and arrangements to suit the specific regulatory landscape. What is common is a recognition that achieving best practice and better regulation is usually underpinned by a framework that focuses on regulatory quality.
Many elements of a regulatory quality framework are already in place in the ACT. Over the next two years, the task force will draw together these existing elements, test new ideas and co-design a coordinated and coherent regulatory quality architecture for consideration by government. As we implement the Better Regulation Agenda, we will apply a regulatory quality framework approach, beginning with the application and testing of a set of draft principles for best practice regulation. The Better Regulation Agenda provides a crucial learning and engagement opportunity to test and progress these big ideas, while delivering immediate improvements for business.
Before I table the report, I would like to take this opportunity to thank all of the businesses and stakeholders who shared their ideas about what would best support business success here in the ACT. It has been incredibly valuable. I would also like to acknowledge the hard work of the Better Regulation Taskforce. This team has done an enormous amount of work already and is looking forward to continuing to work with business to successfully implement a broad program of work and make Canberra a place where it is easier to start, run and grow a business.
As I have described, the report that I am tabling today updates the community on the task force’s work to date, including the discovery phase and the beginning of the analysis phase. This work has produced a broad and ambitious work program—an agenda that responds to what businesses want and provides certainty on what reforms will be progressed over the next few years. Mr Deputy Speaker, with indulgence, I want to note the very positive feedback that we have already had from the Canberra Business Chamber, which has said clearly that the Better Regulation report gets it right. I thank the CEO, Graham Catt, and all members of the Business Chamber for working with us in being able to produce such a meaningful reform agenda.
I present the following papers:
Better Regulation—
Report, dated May 2022.
Report—Summary, dated May 2022.
Task Force—Ministerial statement, 8 June 2022.
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