Regulator Performance Framework
The Australian Government created the Regulator Performance Framework (the Framework) to measure the performance of regulators against certain key performance indicators. It applied to regulators from 1 July 2015.
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About the Framework
The Australian Government released the Framework as part of the government's commitment to reducing the cost of unnecessary or inefficient regulation imposed on individuals, business and community organisations by at least $1 billion a year.
The Framework encourages regulators to undertake functions and achieve objectives with minimum impact on the regulated community by measuring and publicly reporting performance.
Regulator Performance Framework Key Performance Indicators
All Commonwealth regulators that administer, monitor or enforce regulation are required to implement the Framework from 1 July 2015. In accordance with the requirements within the Framework, we have developed the Regulator Performance Framework Key Performance Indicators that will be used to assess our performance. The indicators have been agreed to by the Minister for Employment.
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