Day 2, Conference, 27 February 2019
09:05 Rebuilding trust in government and regulation to enhance regulatory outcomes
• What should be the purpose of regulation and the state to fulfil public
purpose?
• Mandate, processes and agency (the space between the mandate)
• Can regulation play an important role in rebuilding public trust
09:55 Lessons from New Zealand’s experience with regulatory reform in finance
• Understand the outcomes of multiple financial regulation reforms in New
Zealand
• The best regulatory frameworks to avoid poor regulatory outcomes
• Defining the purpose of regulation to inform regulatory reform
• Protecting the public from poor outcomes caused by incentives in the
financial industry
• Can we effectively regulate high-risk financial products?
11:00 The changing tides in the approach to energy regulation and the future of regulation
• Learn about recent and upcoming changes to the regulatory approach at
the State and Federal level
• Understand new and upcoming approaches and use of the regulatory toolkit
• Understand the most suitable approach for regulators to fulfil their statutory functions
11:50 Effective enforcement and environmental outcomes
Understand how Victoria EPA regulates waste and pollution to ensure
positive environmental outcomes
• Best enforcement methods and engaging with stakeholders
• New approaches to environmental regulation to solve pressing issues and
relevance to other agencies
13:20 Digital Legislation: technology to re-imagine the legal and regulatory landscape
Digital Legislation, an environment where legislation/regulation are written directly as code
ready for both human understandability and consumption by machine.
• Learn how Digital Legislation could move the drafting process to a true co-design with
transparency, accountability, change management built in for faster implementation
• Learn why transforming regulation to digital rules matters
• Understand how regulation as rules can enable government to deliver better services and
drive innovation
13:50 Panel Discussion: What does the Banking Royal Commission tell us about wider regulations in Australia?
• Has regulation of the banking and finance sector in Australia failed?
• Has there been a wider, systemic failure of regulation in Australia?
• How should regulatory agencies and government respond to the findings of the Royal Commission?
• Does Australia need a different approach to regulation to avoid financial, environment, etc failure?
14:20 Promoting good communication between regulators and the public to gain buy-in
• Learn how to enhance public buy-in through positive communication
between regulators and the public
• Understand the consequences of poor communication on your
organisation and regulators
• Prevent negative consequences and poor public perception arising from
ineffective communication
15:40 Lessons from Defence in overcoming a lack of assurance mechanisms to provide justified confidence
• Defence’s use of a ‘three lines of defence’ model to provide confidence in assurance
• The importance of ensuring regulated organisations have independent assurance
processes
• Reducing the regulatory burden on the regulated organisations
• How other regulators can apply this approach
16:30 Foreign investment case studies: Lessons in lifting compliance standards
• Learn how compliance standards are being regulated in:
• cyber security – data centres, healthcare, telecommunications
• concentration of ownership in agriculture
• Energy and telecommunications – divestment of utilities
• Understand how other regulators can lift their own compliance standards
• How lifting compliance standards improves regulatory outcomes