Regulatory Impact Assessment
Helping decision makers identify and quantify the full extent of economic, financial, environmental, and social costs arising from regulatory changes
A systematic process used to evaluate the potential effects of proposed or existing regulations, Regulatory Impact Assessments play an integral role in quality policy decision-making. Regulatory impact assessments are designed to investigate the impact of a certain regulation on the community and discover whether the benefits outweigh the costs. Assisting decision makers, the primary objective of a regulatory impact assessment is to ensure regulatory actions are necessary, efficient, and effective in achieving desired outcomes, while also minimising adverse impacts on businesses, individuals, and the economy.
What we do
Our public policy practice develops regulatory impact assessments (RIS) for all levels of government and public sector organisations. We help our clients unlock a full understanding of the positive and negative impacts of regulatory proposals, including assessment of the overall net impact of a proposed regulation using cost benefit analysis tailored to the requirements of the initiative and client requirements.
Depending on requirements, we have experienced policy professionals who can manage the entire regulatory impact process, working with clients to undertake problem definition, option development, stakeholder engagement, and preparation of qualitative and quantitative assessment of impacts. Additionally, our team is proficient at drafting regulatory impact statements (RIS) as discrete projects, or preparing specific components in the RIA / RIS process as a subject matter expert for our network of external consultants.
more projectsConnect with our Public Policy team
Contact