Parliament

Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 

Another step taken towards single economic market

29 July 2004

Another step taken towards single economic market

The Australian and New Zealand governments have taken another step towards achieving the long term goal of a single economic market in the two countries, this time with a focus on competition and consumer protection law.

Australian Treasurer Peter Costello and New Zealand Commerce Minster Margaret Wilson today announced details of a Productivity Commission research study examining the potential for greater cooperation, coordination and integration of the general competition and consumer protection regimes in Australia and New Zealand.

The research study will look at the core restrictive trade practices and consumer protection provisions of Australia's Trade Practices Act 1974, New Zealand's Commerce Act 1986 and Fair Trading Act 1986, and the associated institutions on both sides of the Tasman. It does not include industry-specific regimes such as telecommunications or electricity.

"This is a forward looking research study to inform both governments on possible future arrangements to better align our respective legislation and practices to remove barriers to trans-Tasman business. All options are on the table, including having common laws and a single trans-Tasman enforcement agency," Peter Costello and Margaret Wilson said in a joint statement today.

The Productivity Commission has been asked to consult widely with interested parties on both sides of the Tasman and to report to both Governments within six months.

Peter Costello and Margaret Wilson said the outcomes of the study will not bind either government to a policy approach.

"Any subsequent changes to policy following the study will require a separate process in each country, which would include a further round of consultation with interested parties in each country." A copy of the terms of reference is attached.

For more information about the study or lodging submissions, see the Productivity Commission’s website at www.pc.gov.au

ENDS

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

New TPP Agreed: Govt Must Explain How Canada Got Changes

Jane Kelsey: Overnight in Japan the remaining eleven governments have concluded the ‘revised’ but essentially unchanged Trans-Pacific Partnership Agreement (TPPA-11), now called the Comprehensive and Progressive Agreement for Trans Pacific Partnership. The signing is set for 8 March 2018 in Chile.

University of Auckland law professor Jane Kelsey predicts ‘the rebranding of the TPPA won’t fool anyone...

Canada has reportedly secured new protections for culture, as well as rules of origin for automobiles, which was not on the list of outstanding items in the TPPA-11 ministerial statement in December last year. More>>

 

Wellington.Scoop: Our Housing Crisis – And The Unintended Consequences

There is no doubt that we are having some huge issues with housing in Wellington. Finding somewhere to live is becoming increasingly difficult and expensive... But why? And what happens next? More>>

ALSO:

Ministerial Inquiry: Broad Look At Mental Health And Addiction Services

The Government has taken a major step towards improving mental health and addiction services with Prime Minister Jacinda Ardern announcing details of a ministerial inquiry. More>>

ALSO:

Wealth: Two NZers Own More Than Poorest 30%

A staggering 28 per cent of all wealth created in New Zealand in 2017 went to the richest 1 per cent of Kiwis, while the 1.4 million people who make up the poorest 30 per cent of the population got barely 1 per cent, according to new research released by Oxfam. More>>

ALSO:

Employment: Joint Working Group On Pay Equity Principles Reconvened

Minister for Workplace Relations and Safety, Iain Lees-Galloway, and Minister for Women, Julie Anne Genter, are reconvening the Joint Working Group on Pay Equity Principles as the next step in pay equity for New Zealand women. More>>

ALSO:

Hapū: Prime Minister And Clarke Gayford Expecting First Child

Prime Minister Jacinda Ardern and her partner, Clarke Gayford, have announced that they are expecting their first child in June. “We’re both really happy. We wanted a family but weren’t sure it would happen for us, which has made this news unexpected but exciting." More>>

ALSO:

Gordon Campbell: on the inquiry into the abuse of children in care

Apparently, PM Jacinda Ardern has chosen to exclude faith-based institutions from the government’s promised inquiry into the abuse of children in state care. Any role for religious institutions – eg the Catholic Church – would be only to observe and to learn from any revelations that arise from the inquiry’s self-limiting focus on state-run institutions… More >>

Gordon Campbell: On Jim Anderton
For anyone born after 1975, it is hard to grasp just how important a figure Jim Anderton was, for an entire generation.
During the mid to late 1980s, Anderton was the only significant public figure of resistance to the Labour government’s headlong embrace of Thatcherism...More>>

ALSO:

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

Featured InfoPages