delete Excise Regulations 1925 (Amendment)
Amendment to Excise Regulations 1925, registered 2005-01-01. Excise regulations typically govern domestic taxes on goods such as alcohol, tobacco, petroleum, and other specified products.
Excise regulations impose significant compliance costs on Australian manufacturers and producers, distort market prices, and function as a regressive tax on consumers. The 1925 regulations are nearly a century old and have been repeatedly amended, suggesting accumulated regulatory complexity. Such taxes harm Australian competitiveness in sectors like brewing, distilling, petroleum refining, and tobacco manufacturing. Without access to the specific 2005 amendment text, general principles of excise taxation—which raise costs, reduce supply, and distort consumption patterns—indicate this instrument should be deleted.