Australia's Export Credit Arrangements
This inquiry has now concluded. The final report was submitted to the Government on 31 May 2012 and then publicly released by the Government on 26 June 2012.
The Productivity Commission invited interested parties to register their interest in an inquiry into Australia's export credit arrangements.
In undertaking the inquiry, the Commission considered arrangements for the provision of export credit through the Export Finance and Insurance Corporation (EFIC). The Commission was to:
- review government involvement in the provision of export credit and assess current arrangements against the requirements of the Export Finance and Insurance Corporation Act 1991
- review EFIC's exemption from competitive neutrality legislation, its funding, pricing and service arrangements, and assess their impact on private sector provision of financial products and services which support Australian export trade
- assess the interactions between EFIC and other government programs and consider alternatives that would achieve EFIC's objectives.
In the course of the inquiry, the Commission consulted widely with government agencies and other interested parties.