A strong and effective government-industry partnership is central to achieving the Australian Government’s vision for critical infrastructure security and resilience. Building on industry engagement during the development of the Security Legislation Amendment (Critical Infrastructure) Bill 2020 (the Bill), we have consulted widely with government and industry partners in developing asset definitions and governance rules. We aim to ensure that vital services to Australia’s security, economic prosperity and way of life are included. We also seek to reduce the regulatory burden on industry.
Critical infrastructure asset definition rules
We consulted with industry, commonwealth, state and territory government partners, to draft definitions for the following 12 asset classes:
- critical banking assets
- critical broadcasting assets
- critical domain name systems
- critical electricity assets
- critical financial market infrastructure assets
- critical food and grocery assets
- critical freight infrastructure assets
- critical freight services assets
- critical gas assets
- critical insurance assets
- critical liquid fuel assets
- critical superannuation assets.
For further information, see
Critical Infrastructure Asset Definition Rules paper.
In March 2021, we conducted four town hall forums and seven workshops to develop governance rules. These sessions provided industry stakeholders, peak bodies, regulators, and state and territory government partners, and industry stakeholders with an opportunity to shape the governance rules for the risk management program across all sectors. During this consultation period, we spoke to over 1,350 people.
The governance rules will work alongside the sector-specific obligations for risk management programs. This ensures that entities have robust risk minimisation, mitigation or elimination practices.
For a summary of the consultation process, see
Co-design of Governance Rules – Critical Infrastructure Risk Management Program: Summary of consultation.
On 29 September 2021, the Parliamentary Joint Committee on Intelligence and Security (PJCIS) released its report and supporting recommendations on the
Security Legislation Amendment (Critical Infrastructure) Bill 2020.
The Committee recommended splitting the Bill, specific to the risk management program. The Government is currently considering their response to the PJCIS report.
As a result, we have heard industry’s clear feedback regarding the need for clarity on what will be expected of them in a risk management program. Based on this feedback, we are seeking to provide that certainty to industry as soon as possible. We will hold a cross-sector town hall forum on Tuesday 19 October 2021 2pm – 4pm AEDT to outline our revised approach and planned next steps.
We invite you to join the session by
registering your interest.
For further queries, contact CI.email@example.com.