Question

How does the Australian government assure that targeted policy and regulations support individuals, businesses, community organisations as well as its broader economic and competition impacts and not hinder them?

Answer 1

The Government’s rigorous approach to policy making seeks to ensure that regulation is never adopted as the default solution.

Step-by-step explanation:

but rather introduced as a means of last resort. Where regulation is demonstrated to be necessary, policy makers must seek practical solutions and ensure that they are well-designed, well-targeted and fit-for-purpose.