Keywords: Submission, Treasury, Regulatory Reform

Written by Claude Haiku 4.5 from the extracted text on 27 Feb 2026. It can miss or misread redacted and scanned pages. Check the source before relying on it.

The ACCC submitted regulatory reform proposals to the Treasury and Finance Minister in August 2025 in response to the Government's productivity agenda. The submission outlines specific, concrete, and measurable initiatives designed to improve competition promotion and consumer protection while reducing regulatory burden and streamlining approval processes. The ACCC states most initiatives can be delivered within existing powers and resources, though some require legislative changes or additional funding. Each initiative includes articulated direct results for business and consumers plus expected longer-term outcomes, with quantitative measures being developed where feasible. The ACCC plans stakeholder consultation through its Performance Consultative Committee and will continue working with Treasury's Economic Reform Roundtable Taskforce and Finance's Regulatory Reform Division on priority initiatives and potential legislative proposals.