Good Practice Regulation

General Department of Industry (GDI) promotes the Government’s objective of improving the effectiveness and efficiency of regulation.

Regulations are essential for the proper functioning of society and the economy. The challenge for government is to deliver effective and efficient regulation — regulation that is effective in addressing an identified problem and efficient in terms of maximising the benefits to the economy, taking account of the costs. While much regulation is necessary and beneficial, there are cases where this may not be so or where regulations could be better designed — hence the best practice processes for developing a regulatory proposal.

Learn how GDI Conduct Regulatory Impact Assessment click RIA Guidelines.

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