The study considers factors that may affect competition for the supply of retail petrol and diesel used for land transport in New Zealand, whether competition to supply retail petrol and diesel is functioning well for consumers, and if not, how it could be improved.
Ten years on from the GFC, the world economy remains locked in a cycle of low or flat productivity growth despite the injection of more than $10 trillion by central banks. The latest Global Competitiveness Report paints a gloomy picture, yet it also shows that...
How to address competition concerns associated with online platforms has become a pressing policy question around the world. This paper outlines some general principles for a new regulatory framework.
This research paper investigates whether young manufacturing businesses have, or develop, productivity advantage compared to more mature firms.
The Retail energy competition review is an annual report that provides an assessment of the state of competition in the retail energy market and the outcomes that consumers are achieving from it. It is an important tool for mapping progress over time and identifying strategic...
Transcript of ACCC Chair, Rod Sims' addresses the 2019 Competition Law Conference, discussing the merger regime in relation to digital platforms.
As heatwaves across Australia heighten concern for high electricity prices as households try and stay cool, this research argues that the problem in electricity pricing is structural, and the Prime Minister’s proposed ‘big stick’ approach to breaking up electricity companies will likely exacerbate the problem,...
This report assesses the efficiency and competitiveness of Australia’s superannuation system and whether better ways to allocate defaults are needed.
The ACCC is commencing a new inquiry into the supply of electricity in the National Electricity Market and is consulting on how it will undertake this role.
The ACCC has been tasked with monitoring and reporting on the supply of retail and wholesale electricity...
The 2018 edition of the Global Competitiveness Report represents a milestone in the four-decade history of the series, with the introduction of the new Global Competitiveness Index 4.0. The new index sheds light on an emerging set of drivers of productivity and long-term growth in...
Against expectations, Fairfax, Nine and the government are running up against the regulator.
ACCC Chairman, Rod Sims, delivered a speech to the Australian Conference of Economists, discussing a number of inquires the ACCC is involved with, including: the digital platforms inquiry, the retail electricity prices inquiry, and the consumer data right.
This report finds that there is a serious electricity affordability problem for consumers and businesses. The report sets out 56 recommendations to reset the National Electricity Market, boost competition, reduce costs and improve consumer and business outcomes.
'Red tape' is often a poorly defined term, used in different contexts to mean different things. What one person considers red tape could, to another, be an indispensable piece of regulation. To provide direction to public policy, it is important that there is a clear...
This inquiry examined policy options that apply the principles of informed user choice, competition and contestability to the provision of human services. Desirable though they may be, applying these principles has proven to be neither simple nor without cost.
This year, the ACCC will focus on consumer issues in broadband services and energy, competition in the financial services and commercial construction sectors, systemic consumer guarantee issues, and conduct that may contravene the new misuse of market power and concerted practices provisions.
The Productivity Commission has questioned the effectiveness of the decades-old 'four pillars' banking policy, describing it as 'ad hoc' and 'redundant'.
A draft report into competition in the financial system also says the banking regulator APRA's recent 'blunt intervention' in reining in the...
This inquiry focusses on competition in Australia’s financial system as a means to improve consumer outcomes, enhance the productivity and international competitiveness of the financial system and the broader economy, and support ongoing financial system innovation — without undermining financial stability objectives.
Is competitive pressure in Australia weak? How costly to Australia is market power? This report assesses the evidence and proposes policies to increase competitive pressure.