The Safeguard Mechanism has been reformed following a
consultation process undertaken by the Department of Climate Change, Energy, the Environment and Water.
New obligations and reporting requirements apply to Safeguard facility financial years commencing on or after 1 July 2023:
Please note that some legislative deadlines that fall on a weekend or public holiday may vary in accordance with the
Acts Interpretation Act 1901.
Note that the CER is required to issue SMCs as close to 31 January as is reasonably practicable, for any SMC applications received by 30 January 2025. This is a suggested date only, applications for SMC issuance may be made past this date.
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The Clean Energy Regulator is a Government body responsible for accelerating carbon abatement for Australia.