delete Environment Protection and Biodiversity Conservation Amendment Regulations 2001 (No. 2)
Amends the Environment Protection and Biodiversity Conservation Regulations 2000, likely containing provisions on referral thresholds, assessment approaches, biophysical investigation requirements, and matters relating to listed species and ecological communities under the EPBC Act.
The EPBC regulatory regime is a textbook example of regulation creating massive compliance costs with questionable environmental outcomes. Approval timelines for resource projects routinely stretch years, compliance costs run into billions annually, and the federal-state duplicationlayer creates a compliance maze. The 2001 Amendment Regulations No. 2 would have further entrenched these burdens by adding procedural requirements, assessment triggers, and reporting obligations. Such amendments - regardless of their specific technical provisions - systematically increase regulatory burden on the resources sector that is the backbone of Australian prosperity, while failing to demonstrate proportionate environmental benefit. Regulations of this nature distort investment decisions, reduce supply, and impose disproportionate costs on rural and remote businesses already battling geographic disadvantage.