The Federal Assistant Minister for Waste Reduction and Environmental Management, Trevor Evans has announced the 4th independent review of the Product Stewardship (Oil) Act 2000, with Deloitte Access Economics engaged to conduct the work.
The review will look at the financial and operational sustainability of the scheme, ensuring the effectiveness of the scheme now and into the future.
Under the Product Stewardship for Oil scheme, Australia’s oil recyclers collect and recycle used oil from over 48,000 businesses around Australia that produce waste oil, such as mechanics, car dealerships, factories, passenger transport, freight, service stations and heavy industry.
Oil product stewardship ensures producers are taking responsibility for their waste products – producing new valuable products and protecting the environment from improper end of life management of waste oil.
The scheme has been operating for 20 years. Mr Evans said that the independent review is an opportunity to ensure that the scheme is working as it should be as it supports 11 oil recycling facilities around Australia that employs 600 workers and supports a large number of contractors.
On 30 June 2020, the Federal Government announced an additional $7.8 million in temporary funding to support oil recycling facilities affected by COVID-19.
