Audio interview

Australia's growing peer-to-peer economy

14 Apr 2016

Millions of people around the world are using peer-to-peer platforms for everything from booking a holiday, using a ridesharing business, or even finding a tradesperson. Uber and Airbnb are two of the biggest names in Australia’s growing peer-to-peer economy.

But governments here and abroad are struggling to figure out how to regulate these peer-to-peer share companies in a way that strikes a balance between protecting consumers and existing competition laws, while encouraging efficiency and innovation.

According to a new report from the Grattan Institute, there's much to be gained if governments catch up, something in the order of $500 million of savings to the Australian economy.

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