Operating Principles and Policy Guidelines

The Commission follows three fundamental operating principles:

• the provision of independent analysis and advice;
• the use of processes that are open and public; and
• to have overarching concern for the well-being of the community as a whole, rather than just the interests of any particular industry or group.

Broad policy guidelines covering all of the Commission’s work are contained in its legislation.

In brief, they require the Commission to:

• improve the productivity and economic performance of the economy;
• reduce unnecessary regulation;
• encourage the development of efficient and internationally competitive Australian industries;
• facilitate adjustment to structural change;
• recognise the interests of the community generally and all those likely to be affected by its proposals
• promote regional employment and development;
• have regard to Australia’s international commitments and the trade policies of other countries and;
• ensure Australian industry develops in ecologically sustainable ways.

The Commission must also have regard to any other matters notified to it in writing by the Minister.

The Commission, in all reports on matters referred to it, must provide a variety of viewpoints and options representing alternative means of addressing the issues in the report.