Summary
Amends the: Space Activities Act 1998 to: broaden the current regulatory framework to include arrangements for launches from aircraft in flight and launches of high power rockets; reduce barriers to participation in the space industry by streamlining processes and insurance requirements for launches and returns; and amend the short title of the Act to the Space (Launches and Returns) Act 2018; and Customs Tariff Act 1995 to make a consequential amendment.