Circular Economy Ministerial Advisory Group's Recommendations

A national cooperative approach to the circular economy is crucial, according to the Circular Economy Ministerial Advisory Group led by Professor John Thwaites. The group recommends a new Circular Economy Act, stronger product stewardship laws, and a right to repair law. This approach is necessary due to the shared jurisdiction between states and the Commonwealth. Professor Thwaites suggests adopting a governance system similar to the Australian Building Codes Board to harmonize circular economy standards nationwide. A cooperative agreement can facilitate common standards, reducing costs and delays in areas like infrastructure. The benefits of a circular economy approach are significant, with potential annual savings of $965 per household. Designing more robust products and focusing on serviceability can also contribute to a more circular economy. The government has adopted some recommendations, releasing a framework to double circularity in Australia. However, stakeholders are calling for more concrete rules to support a structured approach to the circular economy.