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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.

  • 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