Standards Australia has welcomed the Productivity Commission’s Interim Report on the National Competition Policy Analysis 2025, which highlights the potential economic benefits of greater alignment between Australian and international standards.

The Commission estimates harmonisation could deliver between $1.9 and $3.8 billion annually – equivalent to 0.1 to 0.2 per cent of GDP. However, it notes that outcomes will vary by sector, with more detailed, case-by-case modelling required to capture the full picture.

The report identifies two key reform areas: greater adoption of international and overseas standards, and occupational licensing reform. Of Australia’s 7,519 current standards, 893 are referenced in legislation. While just 21 standards are not aligned with international equivalents, 675 – mainly in manufacturing, professional services and construction – are bespoke to Australia. Alarmingly, 40 per cent of standards referenced in law are out-dated, while only 26 per cent are applied consistently across states and territories.

The Commission has recommended governments review legislation referencing non-aligned standards, harmonise interstate regulatory requirements, update out-dated references, and fund free or low-cost access to mandated standards.

Standards Australia said it supports greater harmonisation and has begun reviewing non-aligned standards in consultation with stakeholders. It also acknowledged the need for stronger scrutiny of deviations from international standards. However, the organisation cautioned against regulatory reviews that bypass the existing standards system, warning such measures could undermine national consistency and erode trust in the process.

On access, Standards Australia said it was open to exploring government funding but noted the complexity of cross-subsidisation models that underpin standards development.

Submissions to the Commission are due by September 5, 2025, with the final report expected in October. Standards Australia urged stakeholders to provide feedback and remain engaged as reforms progress. Please send you views to info@sae-a.com.au by September 4, 2025.