The Small Business Advisory Committee (SBAC) has been established as part of the Government’s Better Regulation Agenda.  The SBAC provides government agencies with greater knowledge and expertise across a wide range of business operations and industry sectors. The SBAC's role is to improve the quality of regulation and minimise compliance costs for small business by being involved throughout the development of the Regulation Impact Statement process. In addition, the SBAC provides broad advice to the Government on small business policy matters as well as current and emerging small business issues and trends. The SBAC operates as a panel, independent from the government, comprising members who have extensive experience with small business.