This is the first in a series of papers on transport network pricing from Infrastructure Victoria’s research program. The overall aim of this series is to examine the options, challenges and opportunities for transport network pricing in Victoria. This paper outlines the problems with the current approach to transport pricing in Victoria, and the benefits...

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 governments that the Productivity Commission found contributed to a surge...

Australia has recently implemented an activity - based funding system for public hospitals. Policymakers and providers are keen to ensure that the price paid for health care services stimulates improvements in quality and safety , but some remain scept ical that this can be achieved through pricing mechanisms.

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 components; where the latter involves distorting regulation via a transfer to...

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 use by raising the cost of buying drugs. The effectiveness of...