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Modernising Business Registers (July 2018)

Key documents

In August 2017 the Australian Government released a discussion paper on Modernising Business Registers to seek feedback from a broad range of stakeholder groups on their experience in using business registry services. Treasury received 30 submissions from a range of stakeholder groups during the consultation process. This stakeholder feedback helped us to define the problem and informed the development of a potential solution for the Government to consider.

In the 2018-19 Budget, the Australian Government considered the stakeholder feedback and advice from the relevant agencies and directed the Department of Treasury, the Australian Taxation Office, the Department of Industry, Innovation and Science and the Australian Securities and Investment Commission to develop a detailed business case for modernising the Australian Government’s business registers.

Following on from the previous feedback, this subsequent discussion paper has been released for consultation focusing on four areas that we would like to engage with stakeholders on:

  • Legislation – What legislative changes are required to allow for the modernising of business registers?
  • Registry Service Enhancements – How we can enhance the services offered and improve the user experience?
  • Funding registry infrastructure – How should we fund the business registers in the future?
  • Director Identification Numbers (DIN) – What is the best way to implement a DIN?

The discussion paper provides more information and a list of questions that may assist you with making a submission.

Responding

You can submit responses to this consultation up until 17 August 2018.

Interested parties are invited to comment on this consultation.

While submissions may be lodged electronically or by post, electronic lodgement is preferred. For accessibility reasons, please submit responses sent via email in a Word or RTF format. An additional PDF version may also be submitted.

All information (including name and address details) contained in submissions will be made available to the public on the Treasury website unless you indicate that you would like all or part of your submission to remain in confidence. Automatically generated confidentiality statements in emails do not suffice for this purpose. Respondents who would like part of their submission to remain in confidence should provide this information marked as such in a separate attachment.

Legal requirements, such as those imposed by the Freedom of Information Act 1982, may affect the confidentiality of your submission.

How to respond

Post

Address written submissions to:

Matthew Sedgwick
Consumer and Corporations Policy Division
The Treasury
Langton Crescent
PARKES ACT 2600