Review of National Competition Policy Reforms

Download or read book Review of National Competition Policy Reforms written by and published by . This book was released on 2005 with total page 449 pages. Available in PDF, EPUB and Kindle. Book excerpt: The National Competition Policy (NCP) has been a landmark achievement in nationally coordinated economic reform. It has yielded benefits across the community, though there have been some costs and the implementation process has not been without defects. Most of the reforms initially agreed to are now in place, and will provide ongoing gains. But population ageing and other challenges mean that if Australians are to enjoy higher living standards in the future, further reform is required. The Commission was asked by the Australian Government to conduct this inquiry into the impacts of the NCP to date, and report on future areas 'offering opportunities for significant gains to the Australian economy from removing impediments to efficiency and enhancing competition'. The Commission's report is intended to help inform the Council of Australian Government's (CoAG) own review of NCP and possible future reforms, which is currently due to be completed by September 2005." -- from the Overview, p. xiii.