The Circular Economy Ministerial Advisory Group was established in February 2023 and provides advice to the Australian Government on the transition to a more circular economy.
On 24 April 2024, the advisory group released its Interim Report, emphasising how important circular economy solutions are for reducing waste, pollution and carbon emissions. It provides 20 evidence-based recommendations, outlining ways the government can boost the country’s domestic manufacturing capabilities through reuse, repair and recycling, including:
- A Productivity Commission Inquiry to investigate how resource efficiency supports economic growth.
- Developing a National Circular Economy Framework and a power to set specific circularity standards for products and materials.
- Introducing a national ‘recycled content first’ policy to drive recycled content markets.
- Setting up sector-based circular economy targets and embed circular economy principles in key climate policies.
Read the full Interim Report here.
More action to come this year, as CEMAG engages with other sectors and consolidates their advice to the government into a final report by the end of 2024.
