keep Statistics Regulations 1983
This regulation establishes the legal framework for the collection, compilation, and dissemination of official statistics in Australia, including mandatory data submission requirements, confidentiality protections, and administrative procedures for the Australian Bureau of Statistics and other agencies.
Australians would be worse off without it because the mandated data collection is essential for producing reliable economic indicators (GDP, inflation, unemployment), demographic statistics, and trade measurements that businesses need for investment decisions, banks for lending, and governments for fiscal planning. Private markets cannot generate comprehensive, timely, and unbiased national statistics required for a functioning modern economy. The modest compliance costs are vastly outweighed by the benefits of data-driven prosperity and accountability.