WHO SHOULD READ THIS
- Those who work in highly regulated industries, government
regulators and executives.
WHAT YOU NEED TO KNOW
- Regulation in Australia is changing, as regulators face
increasing pressure to prosecute more and avoid
the perception of being ‘too close’ to
those they regulate.
The
context
Australia operates in a highly regulated environment. Our
regulators are vast and varied, from the well known (ASIC, ACCC,
WHS regulators, the EPA and the FWO) to the less well known (Wine
Australia, ‘the wine industry
regulator’). As Australians, when death or injury,
environmental damage or financial loss is sustained, we ask
‘who is regulating this?’ and ‘why aren’t
they being tougher?’.