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Regulator Performance Framework
The Safety, Rehabilitation and Compensation Commission (the Commission) is established under the Safety, Rehabilitation and Compensation Act 1988 (SRC Act). It is a statutory body that carries out regulatory functions in relation to Comcare and other authorities that determine workers' compensation claims under the SRC Act.
As the regulator of self-insured licensees under the SRC Act, the Commission is required to implement the Government’s Regulator Performance Framework (the Framework). The Framework encourages regulators to minimise their impact on those they regulate while still delivering the regulatory functions they are required to perform.
The Framework provides regulators with the following standard set of key performance indicators to implement.
|KPI 1||Regulators do not unnecessarily impede the efficient operation of the regulated entities|
|KPI 2||Communication with regulated entities is clear, targeted and effective|
|KPI 3||Actions undertaken by regulators are proportionate to the regulatory risk being managed|
|KPI 4||Compliance and monitoring approaches are streamlined and coordinated|
|KPI 5||Regulators are open and transparent in their dealings with regulated entities|
|KPI 6||Regulators actively contribute to the continuous improvement of regulatory frameworks|
In 2015–16, the Commission completed its first self-assessment against its endorsed key performance indicators. The Commission’s Regulatory Performance Framework 2015-16 was approved by the Minister in December 2016 and is now available.
- The Australian Government Guide to Regulation―to help change the way policy makers think about regulation and to inform the consultation and policy making processes.
- Regulator Performance Framework— to review the performance of Commonwealth regulators
- Safety, Rehabilitation and Compensation Act 1988
- Public Governance, Performance and Accountability Act 2013
- SRCC Regulatory Performance Framework - Key Performance Indicators
- SRCC Regulatory Performance Framework 2015-16
For information on the Government's Regulator Performance Framework, please visit: Cutting Red Tape.