Senate debates

Thursday, 13 October 2011

Bills

Banking Amendment (Covered Bonds) Bill 2011; Second Reading

2:45 pm

Photo of Nick XenophonNick Xenophon (SA, Independent) Share this | Hansard source

My question is to the Minister representing the Assistant Treasurer, Senator Sherry. In February this year the ACCC found that airports drive away competition from other parking venues and bus operators by imposing excessive access levies and controls on the available space for those operators. I note that Australia has some of the highest on-airport car park fees in the world. But in August the Productivity Commission's draft report on economic regulation for airport services said:

Access charges paid by competitors to on-airport car parking are not so high as to impede competition …

Does the government side with the ACCC or the Productivity Commission when it comes to competition at airports, and does it believe the ACCC currently has sufficient powers to deal with excessive airport charges?

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