National Competition Policy is an Australia-wide initiative to develop an open and integrated Australian market, and remove barriers to competition and efficiency caused by legislation restrictions.
In 1995, the federal and state governments signed a Competition Principles Agreement, under which they reviewed their legislation to ensure it complied with nationally-agreed principles.
They agreed that legislation should not restrict competition unless:
- the community benefits of restriction outweigh the costs
- the legislation´s objectives can be achieved only by restricting competition.
We conducted reviews of legislation relating to areas including motor dealers, auctioneers and agents, business names, land sales, privacy, second-hand dealers and security providers.
The reviews found some legislative restrictions that were not in the public interest that have since been removed.
However, the reviews also found that many restrictions were in the public interest and should be retained, such as various provisions of the Fair Trading Act 1989.
Queensland Treasury´s role
Queensland Treasury was responsible for preparing Queensland´s annual report to the National Competition Council. The reports detailed the state´s progress in meeting its reform obligations.
Last reviewed 22/11/2011