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1、August 2025_KPMG AustraliaAI regulation and productivity2AI regulation and productivity2025 KPMG,an Australian partnership and a member firm of the KPMG global organisation of independent member firms affiliated with KPMG International Limited,a private English company limited by guarantee.All right

2、s reserved.The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organisation.Liability limited by a scheme approved under Professional Standards Legislation.ContentsExecutive summary031.Introduction042.Current AI policy context in Australia 063.

3、A quantitative evaluation:Does regulation influence productivity?07Contacts123AI regulation and productivity2025 KPMG,an Australian partnership and a member firm of the KPMG global organisation of independent member firms affiliated with KPMG International Limited,a private English company limited b

4、y guarantee.All rights reserved.The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organisation.Liability limited by a scheme approved under Professional Standards Legislation.ExecutivesummaryPurpose of this paperThis paper examines the evolvi

5、ng policy and regulatory framework surrounding AI in Australia.It builds on KPMG Australias June 2025 submission to the Productivity Inquiry on Harnessing data and digital technology,1and October 2024 submission to Department of Industry,Science and Resources on the introduction of mandatory guardra

6、ils for AI in high-risk settings.2The analysis focuses on the risks of under-or over-regulation and explores the broader productivity implications of getting AI regulation right,our so-called Goldilocks position for regulating AI in Australia.Productivity remains a cornerstone of long-term economic