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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.


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