Penny Wong (SA, Australian Labor Party, Minister for Finance and Deregulation) Share this | Hansard source

I am a little unclear about which reform you want a regulation impact statement for. What I can say to you is that the government has a very clear framework that applies across government decisions around the need to do a regulation impact assessment, which will look at the costs and the benefits of particular policy decisions. That is the case in this area and across all areas of government policy. Where required under the framework, an RIS—a regulation impact statement—which incorporates the assessment, has to be part of the decision-making process. It was not clear to me in in your question what reform you were saying should have an RIS.