Inter-state bidding wars: Calling a truce
Chairman's speech
On 6 November 2002, the Chairman Gary Banks gave a speech to the Committee for Economic Development of Australia in Brisbane.
Download the speech
Inter-state bidding wars: calling a truce (PDF - 61 Kb)
Inter-state bidding wars: calling a truce (RTF - 153 Kb)- Contents
State policies are important to industry development
Savvy spending or business welfare?
Tying down footloose capital?
Job creation?
The magic of multipliers?
A magic tax pudding?
Synergies, ‘head turning’ or other intangible benefits?
Bottom line on firm subsidies
Opening up the books
Calling a truce
References
