Regulator Performance Framework
The Australian Government announced its deregulation agenda in 2013. The deregulation agenda aims to reduce the cost of unnecessary red tape or inefficient regulation imposed on individuals, business and community organisations by at least $1 billion a year. An integral part of the deregulation agenda is the Regulator Performance Framework (the Framework).
The Framework encourages regulators to minimise their impact on those they regulate while still delivering the regulatory functions they are required to perform. It provides regulators with a standard set of key performance indicators to implement. The Framework is published on the Australian Government's deregulation agenda website.
Department of Veterans' Affairs application of the Regulator Performance Framework
The Department of Veterans' Affairs (DVA) Protection of the Word 'Anzac' Regulations is the only activity that falls within the regulatory activities covered by the Framework.
The Framework allows DVA to report objectively on the outcomes of our efforts to administer the Protection of the Word 'Anzac' Regulations fairly, effectively and efficiently. It will be a useful tool for DVA to identify opportunities for improvement which could reduce compliance costs.
DVA's Framework includes:
- DVA's outcomes-based key performance indicators
- DVA's measures of good regulatory performance
- DVA's self-assessment methodology