Posted October 03, 2019 07:19:57 The Federal Government has set up a taskforce to advise on the regulation of chemical industries and the development of the nation’s chemical regulatory framework.
The Federal Government is also expected to release a final report in the coming weeks on the regulatory framework for the chemicals industry.
The report, due by December, will examine the impact of the regulatory frameworks on the country’s chemical industry and the contribution of industry experts.
The taskforce will be led by former Federal Trade Commission (FTC) chief Deborah Swain and will include a range of industry representatives.
The Government has already committed $10 million to the taskforce.
The role of the taskForce will include developing guidelines for the regulatory structure for the chemical industry in order to maximise its contribution to the regulatory system, according to a statement from the Department of Industry, Trade and Investment (DITI).
The Government will also provide a framework for advice on industry development, policy development, regulatory analysis and analysis of the industry’s impact on health and the environment, it added.
The Department of Foreign Affairs and Trade (DFAT) has been set up to act as a liaison between the Federal Government and international partners on the chemical sector.
The government is also set to release the first phase of a national strategy for chemical regulation.
The strategy is expected to be published in early 2019.
The Australian Chemicals Industry Association (ACI) said in a statement that it welcomed the news.
“The Government’s recent announcement to set up the task force is a welcome step towards making Australia an energy-rich, clean and safe place for chemical industry stakeholders and the wider community,” ACI president John Glynn said.
“This strategic review will assist us to better understand and plan for future regulatory reform.”
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