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NSW could save about 500 lives and at least $530 million each year, and potentially up to $1.4 billion, if we can boost flu vaccination rates, according to an updated research paper, released by the NSW Productivity and Equality Commission.
Efficient and effective regulation is critical for public wellbeing and a productive economy. To improve regulation, regulators are increasingly adopting a technique called regulatory experimentation – safely testing changes to rules to see if they achieve better outcomes.
Building on the success of the NSW Government’s COVID-19 regulatory relaxations, our paper serves as a simple, accessible resource for regulators seeking to experiment to drive best-practice regulation.
Drawing on real-world case studies, the latest research, and interviews from organisations with first-hand experience conducting regulatory experiments, our paper offers insights into the benefits and challenges of testing policy options, as well as practical steps regulators can take to start experimenting.
See our regulatory experimentation toolkit for case studies, guides and research to support regulators to experiment.
If you have any accessibility feedback or concerns related to this resource, please contact us.