Key Documents
Australian, state and territory treasurers agreed through the Council on Federal Financial Relations (CFFR) in December 2023 to work together to revitalise National Competition Policy and to develop options for long‑term pro‑competitive reforms.
Treasury is seeking feedback on the 3 potential elements of a revitalised National Competition Policy (NCP):
- National Competition Principles: how can the National Competition Principles be revitalised to address contemporary competition issues?
- National Competition Reform Program: do the proposed reform themes reflect the key areas of existing or emerging competition issues, and what are the key reforms that should be considered?
- Institutions and Governance: what institutional and governance frameworks would best support NCP?
Feedback received through this consultation will be essential to inform the collaborative work by the Australian, state and territory governments on what a revitalised NCP could involve.
This will complement modelling by the Australian Government Productivity Commission, advice from the Competition Review Expert Advisory Panel and other research.
Responding
You can submit responses to this consultation up until 23 September 2024. Interested parties are invited to comment on this consultation.
While submissions may be lodged electronically or by post, electronic lodgement is preferred. For accessibility reasons, please submit responses sent via email in a Word or RTF format. An additional PDF version may also be submitted.
All information (including name and address details) contained in submissions will be made available to the public on the Treasury website unless you indicate that you would like all or part of your submission to remain in confidence. Automatically generated confidentiality statements in emails do not suffice for this purpose. Respondents who would like part of their submission to remain in confidence should provide this information marked as such in a separate attachment.
Submissions to this consultation will be provided to state and territory treasuries to inform collaborative work towards revitalising NCP unless you indicate that you would like all or part of your submission to remain in confidence to the Australian Government.
Legal requirements, such as those imposed by the Freedom of Information Act 1982, may affect the confidentiality of your submission.
View our submission guidelines for further information.
How to respond
Online – preferred method
How To Respond
Post
Address written submissions to:
National Competition Policy Unit
Competition Taskforce Division
Treasury
Langton Cres
Parkes ACT 2600