High level overview of regulatory costs and savings Decision RIS Chapter No. changes Estimated cost Estimated saving Cumulative costed impact (pa) impact (pa) impact (pa) 1. Refining the NQS and assessment and rating 3 $1,566,550 -$57,861,128 -$56,528,686 process 2. Removing Supervisor 1 $0 -$116,802 -$116,802 Certificates 5. Changes to prescribed 1 $617 $0 $617 fees 6. National educator to child 1 $2,019,957 $0 $2,019,957 ratio for OSHC services 7. Improved oversight of and support within FDC 3 $10,387,833 $0 $10,387,833 services 8. Other changes 20 $1,712,451 -$1,110,324 $602,127 Total 29 $15,687,409 -$59,088,254 -$43,634,458 Note: costs and savings are estimates and are indicative and not definitive The net regulatory cost or saving for each separate proposal is outlined in the table below. Estimated net regulatory costs and savings for proposals Net regulatory DRIS cost or saving Proposed change Cost type Proposal ($pa) Reducing the complexity of the National Quality Ongoing saving, one $39,482 1.1 Standard off transition cost* Reduction in documentation of assessments or Ongoing saving, one 1.3 -$56,585,867 evaluations of school children in care off transition cost Ongoing saving, Excellent rating $17,818 1.6 ongoing cost* 2.1 Remove the supervisor certificates Ongoing saving -$116,802 Introduce a fee for the extension of a temporary Ongoing cost $617 5.1 waiver Ongoing cost, one off 6.1 National educator to child ratio for OSHC services $2,019,957 recruitment cost* Approved FDC providers across jurisdictions 7.1 N/A N/A 7.2 Limiting the number of FDC educators in a service Ongoing cost $616 Ongoing cost, one off $10,381,011 7.3 Mandating a ratio of FDC co-ordinators to educators recruitment cost*
High level overview of regulatory costs and savings Decision RIS Chapter No. changes costed Estimated cost impact (pa) Estimated saving impact (pa) Cumulative impact (pa) 1. Refining the NQS and assessment and rating process 3 $1,566,550 -$57,861,128 -$56,528,686 2. Removing Supervisor Certificates 1 $0 -$116,802 -$116,802 5. Changes to prescribed fees 1 $617 $0 $617 6. National educator to child ratio for OSHC services 1 $2,019,957 $0 $2,019,957 7. Improved oversight of and support within FDC services 3 $10,387,833 $0 $10,387,833 8. Other changes 20 $1,712,451 -$1,110,324 $602,127 Total 29 $15,687,409 -$59,088,254 -$43,634,458 Note: costs and savings are estimates and are indicative and not definitive The net regulatory cost or saving for each separate proposal is outlined in the table below. Estimated net regulatory costs and savings for proposals DRIS Proposal Proposed change Cost type Net regulatory cost or saving ($pa) 1.1 Reducing the complexity of the National Quality Standard Ongoing saving, one off transition cost* $39,482 1.3 Reduction in documentation of assessments or evaluations of school children in care Ongoing saving, one off transition cost -$56,585,867 1.6 Excellent rating Ongoing saving, ongoing cost* $17,818 2.1 Remove the supervisor certificates Ongoing saving -$116,802 5.1 Introduce a fee for the extension of a temporary waiver Ongoing cost $617 6.1 National educator to child ratio for OSHC services Ongoing cost, one off recruitment cost* $2,019,957 7.1 Approved FDC providers across jurisdictions N/A N/A 7.2 Limiting the number of FDC educators in a service Ongoing cost $616 7.3 Mandating a ratio of FDC co-ordinators to educators Ongoing cost, one off recruitment cost* $10,381,011
Final%20NQF%20DRIS%20January%202017.docx