Price regulation

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Discussion paper

4 May 2017


• Red tape costs the Australian economy $176 billion, 11 per cent of GDP, each year in foregone economic output. Similarly, in the US red tape is estimated to cost $2 trillion annually, or 12 per cent of GDP.

• On...

Research report

31 Mar 2015

This is the first comprehensive review of Australia’s competition laws and policy in over 20 years. The National Competition Policy Review (The Hilmer Review) of 1993 underpinned the development of the National Competition Policy – a co-operative initiative of the Commonwealth and State and Territory...

Discussion paper

22 Feb 2011

An adversarial game is used to model the amount of influence a firm has over a government regulator, and its equilibrium level of regulation, as a function of firm fundamentals.

The effective influence of a firm is identified as comprising both intrinsic and exerted...

Research report

18 Sep 2009

Methamphetamine and heroin purchases decrease significantly as the price of methamphetamine increase, by as much as 27 per cent on a 10 per cent price rise, according to this report.

One of the core objectives of supply-side drug law enforcement is to reduce drug...

Research report

7 Feb 2006

The current regulatory system plays a necessary and important role in identifying and removing unsafe products through recalls, bans and standards. Overall, the regulatory system, in combination with other mechanisms, delivers a reasonable level of product safety, as expected by Australian consumers. Nevertheless there is...