Regulator Performance
The Australian Government is improving regulator performance, capability and culture through regulatory stewardship.
Regulator Performance
The aim is modernising regulation and improving regulator performance through data, innovation, and stewardship to ensure regulation is fit-for-purpose in a digital era, protect against regulatory failures and improve productivity.
Resource Management Guide - Regulator Performance outlines performance expectations for Commonwealth Regulators through three principles of best practice, which are:
- Continuous improvement and building trust
- Risk based and data driven
- Collaboration and engagement.
The guidance assists Commonwealth regulators to report on their performance against these expectations. Other elements of the guidance include:
- Setting performance objectives through Ministerial Statements of Expectations
- Reducing duplication and increasing accountability and transparency by moving regulator performance reporting under the Public Governance, Performance and Accountability Act 2013.
Principles of regulator best practice
Regulators are required to report against 3 principles of regulator best practice through their corporate plans and annual reports.
| 1. Continuous improvement and building trust | Regulators adopt a whole-of-system perspective, continuously improving their performance, capability and culture to build trust and confidence in Australia’s regulatory settings. |
| 2. Risk based and data driven | Regulators manage risks proportionately and maintain essential safeguards while minimising regulatory burden and leveraging data and digital technology to support those they regulate to comply and grow. |
| 3. Collaboration and engagement | Regulators are transparent and responsive communicators, implementing regulations in a modern and collaborative way. |
We demonstrate how we are meeting the Australian Government's expectations in our performance reporting. Regulation is not a one-size-fits-all activity, and regulatory functions, resourcing and capabilities vary across Commonwealth entities. NOPSEMA draws on the principles to develop tailored performance monitoring and reporting processes and performance measures in consultation with our stakeholders that are appropriately scaled to our role, regulatory posture, specific legislative objectives, functions and environment.
NOPSEMA has developed performance measures to allow reporting against each principle, but with the flexibility to determine the extent to which the examples of best practice under each principle are relevant to our own performance. Our performance measures are outcomes-focused where possible and comprise a mix of qualitative and quantitative performance measures as recommended.
Related Documents
| Title | Type | Size | Date |
|---|---|---|---|
| Report - Regulatory Performance Framework GCAC external review 2019 | 139.19 KB | 16/12/2020 | |
| Report - Regulatory Performance Framework external review 2020 | 139.19 KB | 25/11/2020 | |
| Report - Unconditional endorsement from GCAC - 2017-18 RPF self assessment | 156.24 KB | 20/11/2018 |