Australia Space (Launches and Returns) Act 2018

 The objects of this Act are:

 (a)  to establish a system for the regulation of space activities carried on either from Australia or by Australian nationals outside Australia; and

(aa)  to establish a system for the regulation of the launch of high power rockets in Australia; and

(b)  to ensure that a reasonable balance is achieved between:

      (i)  the removal of barriers to participation in space activities and the encouragement of innovation and entrepreneurship in the space industry; and

      (ii)  the safety of space activities, and the risk of damage to persons or property as a result of space activities, regulated by this Act; and

 (c)  to implement certain of Australia’s obligations under the UN Space Treaties.