Nanotechnology Regulation in Australia

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Monday 14 July 2008

RAPID ROUNDUP: Report on Australian nanotechnology regulation - an expert reacts

An independent review of Australia's nanotechnology regulation has been conducted by the Centre for Regulatory Studies at Monash University. The Review of Possible Impacts of Nanotechnology on Australia's Regulatory Framework found that Australia’s regulatory frameworks were generally well suited to the task ahead in regulating nanotechnologies but it identified six regulatory issues which need addressing.

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Dr Peter Binks is CEO of Nanotechnology Victoria Ltd

“This is a sound and thorough review of the current regulatory scene, and we are comfortable with its assessment. The Monash Centre for Regulatory Studies has strong expertise in this field, and is acknowledged internationally as leaders in nanotechnology regulatory considerations. However, we urge the Federal Government not to leave this analysis where it stands, without addressing the gaps and inconsistencies that the report identifies. We believe there is an opportunity for Australia to establish a nanotechnology regulatory regime in advance of other nations, which provides both better protection for the community and greater certainty and security for nanotechnology investors. This would build on Australia’s capabilities to help establish a leadership position for our industries”

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