The federal government is moving to assert greater control over business regulators, with a proposed new “ministerial expectation” regime to push them to focus on system risks while using smart technologies to better manage day-to-day compliance.
The proposed performance expectation framework is part of a draft Regulator Performance Guide that sets out the government’s expectations for regulator activities and reporting.
Loading...
Tom Burton has held senior editorial and publishing roles with The Mandarin, The Sydney Morning Herald and as Canberra bureau chief for The Australian Financial Review. He has won three Walkley awards. Connect with Tom on Twitter. Email Tom at tom.burton@afr.com
