The NSW Government is committed to reducing red tape by $500 million by June 2011.

This Memorandum advises Ministers of the requirements on Directors General to help meet the June 2011 target.

All Directors General of NSW Government departments are required to report in writing twice yearly to the Better Regulation Office (BRO) on achievements in cutting red tape. The reports are required by 30 June and 31 December of each year and will need to identify:

• achievements in cutting red tape over the previous 6 months, including quantification of the cost savings of reforms to business, government and the community using BRO's tool Measuring the Costs of Regulation (available on BRO's website at www.betterregulation.nsw.gov.au); and
• plans to cut red tape over the next 6 months, including estimates of expected cost savings of reforms using the measurement tool.

Progress in achieving the $500 million target will be reported publicly and regularly on the BRO website.

The results will also be published in Making it Easy in NSW: Annual Update, BRO's annual report on the NSW Government's performance in reducing regulatory burden across the State.

The Better Regulation Office will provide a reporting template to standardise and simplify the information required.

For further information, contact Georgina Beattie, Director, Better Regulation Office on 9228 4039 or via email: georgina.beattie@dpc.nsw.gov.au.

Yours sincerely

Kristina Keneally MP
Premier

Issued: Executive Services, Corporate Governance
Contact: Jennifer Perry
Email: Jennifer.Perry@dpc.nsw.gov.au
Telephone no: 9228 3584 Facsimile: 9228 5249
Date: 25 January 2010

This Memorandum supersedes Premier's Memorandum 2009-13.