Australia needs at least $300 billion, and up to $700 billion, spent on infrastructure over the short to medium term if it is to maintain and improve its productivity and liveability .
A recent judgment by the Australian Competition Tribunal leaves it open to the Australian Energy Regulator (AER) to consider whether it would be in the long-term interests of consumers of [...]
Inaccurate traffic forecasts are not a recent phenomenon. However, these inaccuracies are increasingly being exposed as a result of the greater involvement of the private sector in road development.
How We Should Regulate ‘Smartphone’ Taxi Apps. The emergence of smartphone-based apps to order and pay for taxis could revolutionise how these markets work – and reduce the need for onerous regulation.
Explicit agreements among competitors that fix prices are illegal – and for good reason. If the collusion is successful, prices will be higher and output lower. But cartels are not always very [...]
A fundamental objective of economic regulation is to ensure a regulated firm has a reasonable opportunity to recover its efficiently-incurred costs. Without this opportunity, such a firm will no [...]
Christmas is a time for family, food and – of course – presents. But rumour has it that the best presents only go to the “nice” kids, with “naughty” ones finding nothing more than a lump of coal [...]
Most people have bought products on an impulse that they did not need – the new gadgets in the kitchen cupboards, the exercise equipment in the garage or the unworn clothes in the wardrobe. Often [...]
Every Christmas, children receive free goods via a supply chain that winds through their chimney and ends up under a tree. It seems simple and efficient: few customers question the quality of [...]
Making negotiations between airports and airlines work. Australia, New Zealand and the UK have adopted different approaches to regulating airports. However, all place some reliance on direct [...]
On Monday 28 February 2011, the Climate Institute, an Australian interest group, released a study that claims that a 25% reduction on 2000 level greenhouse gas emissions by 2020 would be positive [...]
Some studies and commentary have recently raised the issue of carbon certainty for the electricity sector. The uncertainty regarding whether a carbon price will be introduced in Australia means [...]
Many holders of patents (and some intellectual property lawyers) do not realise that the exercise of patent rights is constrained by the provisions of the Australian Trade Practices Act 1974.
The Australian Government has commenced the roll-out of a national wholesale-only high-speed broadband access network, and is considering the regulatory arrangements that should apply to this network.