About the Regulatory burden measure
The Australian Government has developed the RBM so you can calculate the compliance costs of regulatory proposals.
Use the Regulatory burden measure to estimate the cost impact a regulation or policy might have on business, community organisations and individuals.
With the Regulatory burden measure, you'll need to:
- identify an issue – a problem that needs a solution
- suggest a range of options that could solve the problem
- calculate the costs of each option.
It's your regulatory compliance costing tool.
Important! The BCC is designed to provide an estimate of the size of compliance costs. It's not intended to provide exact costs, and while this may be possible, the costs will always be impacted by the assumptions you make when creating your solutions.
The benefits
The Regulatory burden measure:
- gives you an easy-to-use costing template – you won't have to start from scratch to create your proposal and cost various options.
- helps you logically think through the likely impact of a regulation or policy.
- lets you get various reports you can use to analyse various costs.
Handy links
Who can use it?
The Regulatory burden measure is for anyone who wants to calculate the costs of current or proposed policies or regulations. This includes:
- policy makers in an organisation, state or local government
- businesses
- individuals.
Its target customers are policy-making organisations who create content used in such things as Regulation Impact Statements (RIS) or Cabinet Submissions.
How can I use it?
The Australian Government has developed the BCC so you can calculate the compliance costs of regulatory proposals.
Compliance costs estimated using the Regulatory burden measure can be used in a number of ways, including:
- as part of a Regulation Impact Statement (RIS) or Cabinet Submission
- as part of a cost-benefit analysis
- to compare one cost to another and show how a new cost might reduce the financial impact on businesses, individuals or community organisations.
- to compare costs on small, medium or large businesses and community organisations.