Jason Wood (La Trobe, Liberal Party, Assistant Minister for Customs, Community Safety and Multicultural Affairs) Share this | Hansard source

I firstly thank all honourable members for their contribution to the debate on this bill. The Regulatory Powers (Standardisation Reform) Bill 2020 represents the second coordinated tranche of amendments to Commonwealth acts to trigger the operation of the Regulatory Powers (Standard Provisions) Act 2014. Implementing the regulatory powers act supports the government's regulatory reform agenda as that act intends to simplify and streamline Commonwealth regulatory powers across the statute book which currently vary in breadth and detail, resulting in inconsistency or unnecessary duplication across regimes. Standardisation provisions provide regulatory agencies with the opportunity to use more uniform powers and increase legal certainty for businesses and individuals who are subject to those powers. The use of the standard provisions ensures that the government exercises regulatory powers responsibly and with accountability so that the rights of individuals and businesses remain protected. I commend the bill to the House.

See this speech in context