Waste Reduction and Recycling Policies

The inquiry focused on the development of a circular economy in Australia, with the goal of doubling circularity by 2035 and achieving financial benefits of around $965 per year. The inquiry explored various aspects of the circular economy, including the need for a comprehensive approach to reduce waste and promote sustainability, regulatory reform, extended producer responsibility, and addressing behavioral change. The inquiry heard from various experts and officials, who discussed the challenges and opportunities of adopting a circular economy approach, including the need for education and investment, the role of consumer choice and effective policy measures, and the potential for job creation and innovation. The inquiry also examined the progress on specific initiatives, such as the development of design rules for recyclability, the implementation of a sustainable procurement policy, and the potential for incorporating emissions reductions and circularity into national accounts. The key findings of the inquiry highlighted the need for a coordinated approach to achieve a circular economy, including the development of a Circular Economy Act, and the importance of addressing the challenges and barriers to adoption, such as the lack of understanding and cultural attitudes. The inquiry also noted the potential for significant economic and environmental benefits from adopting a circular economy approach, including reduced waste, increased recycling, and lower greenhouse gas emissions. The inquiry's recommendations are expected to inform the development of policies and initiatives to support the transition to a circular economy in Australia.