Regulation Review - IPART - NSW Government
Regulation Review - IPART - NSW Government
Regulation Review - IPART - NSW Government
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4 Estimating the impacts of recommended reforms<br />
4.2 Estimating reduced regulatory costs from our recommended<br />
reforms<br />
Regulatory reform can reduce or eliminate direct regulatory costs to the<br />
regulated group of businesses and/or individuals. Depending on the scope of<br />
the reform, it can also have indirect impacts – eg, flow-on impacts on other<br />
parties of sectors of the economy. Furthermore, reform can re-distribute<br />
resources and/or costs (eg, from one business group or industry to another, or<br />
from business to government, or from one level of government to another, or<br />
from one group within the community to another).<br />
For this review, we will:<br />
<br />
estimate the direct cost savings as a result of our recommended reforms<br />
consider and, where possible, evaluate indirect impacts of our<br />
recommendations<br />
<br />
consider the distributional impacts of our recommended reforms.<br />
4.2.1 Estimating direct cost savings from regulatory reform<br />
The purpose of our review is to make recommendations that improve the<br />
efficiency of local government compliance and enforcement activities. These<br />
recommendations will be aimed at reducing unnecessary regulatory (or ‘red<br />
tape’) costs to businesses and individuals. As outlined in Chapter 3, these costs<br />
include:<br />
<br />
<br />
<br />
<br />
administrative costs<br />
substantive compliance costs<br />
fees and charges<br />
delay costs.<br />
The sections below discuss, in general terms, how we propose to estimate the<br />
reductions in these costs as a result of our recommended reforms. This is based<br />
on methodologies outlined in BRO’s 2012 Guidelines for estimating savings under<br />
the red tape reduction target.<br />
Although, the methodologies for estimating cost savings are relatively simple,<br />
the challenge is obtaining the necessary data. For this will be largely reliant on<br />
the input of stakeholders, including businesses, local councils, <strong>NSW</strong> <strong>Government</strong><br />
agencies and the community. We hope to receive this via submissions to this<br />
paper, as well as through our own research and follow-up consultation with<br />
stakeholders.<br />
50 <strong>IPART</strong> <strong>Regulation</strong> <strong>Review</strong>