This snapshot offers an overview of Australia's economic situation, GDP and inflation projections, growth prospects and structural reform priorities. It highlights major economic trends and key policy recommendations for sustainable and inclusive growth. It includes a special feature on revitalising competition in the Australian economy.

This report supports the National Competition Policy process by analysing the economic effects of two policy reforms: occupational licensing reform to promote labour mobility and adopting international and overseas standards. These two reforms would promote competition and increase Australia’s GDP.

The paper establishes the case for a national pursuit of competition and dynamism in Australia. It presents evidence of a trend toward declining dynamism and competition, and discusses its potential impacts. It offers case studies and examples of where increased competition have emerged and how it has benefited consumers, citing examples of further work to...

The care economy is a significant part of ‘human services’ which make up most of the non-market sector in Australia. However, labour productivity in the non-market sector has been negative over the past decade. This paper poses that improving productivity, service standards and innovation in the care economy is a key part of improving Australians’...

This interim report supports the National Competition Policy process by analysing the economic effects of two policy reforms: occupational licensing reform to promote labour mobility and adopting international and overseas standards. These two reforms would promote competition and increase Australia’s gross domestic product.