The Report Done By ACIL Allen Assessing The Impact Of Privacy Law On Business And Associated Documents, Advice, And Correspondence.

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The Attorney-General's Department engaged ACIL Allen to conduct a cost-benefit analysis (CBA) of proposed privacy law reforms, as required by the Office of Impact Analysis for regulatory impact assessment. In May 2024, twelve industry associations including the Business Council of Australia wrote to the Attorney-General expressing in-principle support for privacy reform but raising concerns about the CBA's methodology, assumptions regarding compliance costs, and benefit estimates. The associations proposed six improvements, including conducting the CBA after legislative clarity, engaging directly with industry members, and providing adequate response timeframes. The department's meeting brief notes that the CBA will inform Cabinet about expected costs and benefits, though it relies on assumed rather than final policy forms. ACIL Allen conducted stakeholder workshops, including with the BCA, to test cost and benefit assumptions. Significant portions of the document contain redactions under section 22(1), indicating legal professional privilege or related exemptions.