The Economy, Stupid cover image

Why Has Australia's Economic Progress Stalled?

The Economy, Stupid

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Reviving Competition in Australia

This chapter addresses the challenges to Australia's economic growth due to declining competition and increasing industry concentration. It advocates for substantial reforms, including a 10-year plan to reduce barriers to competition and streamline regulatory processes in sectors like energy and construction. The discussion highlights the critical role of mid-sized firms in fostering dynamic markets and the need to balance public interest regulations with economic advancement.

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