Product safety regulation – exposure draft legislation

We are seeking your views on draft amendments to the Competition and Consumer Act 2010.

The Treasury Laws Amendment Bill 2024: Product Safety Regulation will:

• make it easier to recognise overseas standards in Australian law
• ensure standards stay up-to-date with changes overseas
• require businesses to provide evidence of compliance when asked.

These changes will:

• make products safer and cheaper for consumers
• help businesses to buy and sell products from overseas
• make Australian standards more consistent with overseas standards
• reduce the cost and time taken for new products to be sold in Australia
• allow products to comply with the most recent safety standards used overseas
• make the law simpler and easier to understand.

Your feedback will help us decide whether to change the draft laws before they are finalised.

Related content

• Improving mandatory standards under the Australian Consumer Law – Decision Regulation Impact Statement
• Supporting business through improvements to mandatory standards regulation under the Australian Consumer Law
• Media release – Albanese Government streamlines product safety standards – 11 October 2024