One of the Australian Charities and Not-for-profits Commission's (ACNC's) statutory objects is to 'promote the reduction of unnecessary regulatory obligations on the sector' which comprises 56,000 charities. ACNC is an independent national regulator, set up in December 2012, primarily to reduce red tape by creating a “one-stop shop”. But since then, critics have said (according to the Financial Review) that the new regulator would be increasing, not reducing, burdens by creating an extra layer of bureaucracy; its action would b e limited by non-recognition of its status at sub-national level as it had been "established without an agreement from the states and territories to harmonise their laws governing charities and non-profits." Reacting to these claims, the Federal Finance Minister announced on 4 March that updated Grant Guidelines to be released in June 2013 will help reduce duplication and the time taken to provide information to federal government bodies and the PM has announced that she would write to state and territory leaders asking them to match the federal commitment (see News.com.au).
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