The Australian road network is fundamental for society’s economic and social needs. The Harper Competition Policy stated that “Reform of road pricing and provision should be a priority. Road reform is the least advanced of all transport modes and holds the greatest prospect for efficiency improvements”.
Contemporary competition policy that we see today stems from the introduction of the 1965 Trade Practices Act (TPA). Over the last five decades, the TPA has been frequently amended, developed and fine-tuned in order to fit in with the current economic thinking of the time. One of the more significant edits of the TPA, in […]