A gap analysis of Australian technical and policy requirements for the 2016 EITI Standard

The Australian Government’s decision to become a member of the EITI was made on the basis of the outcomes and adapted model developed and used in the Australian 2011 pilot.

The 2016 EITI International Standard, as amended in February 2018 to include ‘mainstreaming’, contains additional requirements including project level reporting and beneficial ownership transparency. Therefore, to strengthen understanding of the difference between existing Australian policy and the new requirements, it is considered timely that an independent review of Australian technical and policy requirements against the 2016 EITI International Standard be undertaken, using the 2011 Australian EITI Pilot as the key point of reference.

The purpose of the consultancy is to assess Australia’s legislative and policy frameworks, and the disclosure practices of industry and governments, and identify gaps and issues specific to Australia’s ability to implement and comply with the EITI 2016 Standard, including through a mainstream approach.

The outcomes from the consultancy will be used to provide advice to the Australian Government on Australia’s EITI engagement.

The consultancy will be administered by the Department of Industry Innovation and Science (DIIS) and the outcomes will be used to assist relevant government agencies in providing advice to the Australian Government on Australia’s EITI engagement.