Prime Minister Tony Abbott and the Minister for Small Business, Hon. Bruce Billson MP announced a review of Competition Policy on 4 December 2013. This initiated the first major review in 20 years. The Draft Report has now been released by the Review Committee invites submissions with a closing date of 17 November 2014.
Click here to view the Draft Report.
In another major announcement, Industry Minister, the Hon. Ian Macfarlane MP has released an Energy Green Paper, which sets a framework for the development of a blueprint that will allow Australia to take full advantage of its natural strengths and consolidate its position as an energy superpower. The Green Paper is built around four key themes; attracting energy resources investment, electricity prices, building gas supply and improving market operation and security, innovation and energy productivity.
Click here to access the Green Paper.