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
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