In July 2015, the Australian Government introduced the Australian Government Charging Framework, to improve consistency of charging activities and help determine when it is appropriate to charge for a government activity. The Charging Framework supports government entities to design, implement and review government charging. The framework applies to all Public Governance, Performance and Accountability Act 2013 agencies.
In accordance with the charging framework, the Australian Financial Security Authority (AFSA) has developed a Cost Recovery Implementation Statement (CRIS) to demonstrate the cost recovery model for PPSR activities, to apply from 1 July 2018. Cost recovery broadly encompasses fees and charges related to the provision of government goods and services (including regulation) to the private and other non-government sectors of the economy.
The CRIS, was released for stakeholder consultation, which closed on Friday, 04 May 2018.
Any changes to fees must be approved by the Attorney-General. If the proposed fees and charges are approved by the Attorney-General AFSA will advise the date for implementation of the new fees.
Details of the current PPSR fees can be found at the fees page.
For more information, please see our CRIS frequently asked questions.