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Competition and the Public Interest

Chairman's speech

On 12 July 2001, the Chairman Gary Banks gave an address to the National Competition Council Workshop 'The Public Interest Test Under National Competition Policy' at Colonial Stadium, Melbourne. The speech discusses National Competition Policy and examines its economic and other effects.

Contents

A radical initiative?

The need for reform

The productivity dividend

Distribution matters too

Regional impacts

'Strategic' considerations in NCP

NCP is not 'open slather'

Misunderstandings and misuse of NCP

Assessing the tradeoffs

Are politicians in control?

The NCC's role

Well informed political decisions

References