Senate debates

Monday, 16 March 2015

Questions without Notice

Competition Policy

3:03 pm

Photo of Eric AbetzEric Abetz (Tasmania, Liberal Party, Minister for Employment) Share this | Hansard source

The government understands that effective competition is a vital element of ensuring a strong economy that allows small business to grow and prosper and thereby create jobs. That is why the government has commissioned a wide-ranging independent review of Australia's competition policy. This is the first comprehensive review of these laws and the institutional framework underpinning them in 20 years and delivers on yet another key election commitment by the coalition. The review's draft report was released last year and canvases a wide range of issues of interest to the small business and farming sectors. This includes the operation of misuse of market power, access to justice and remedies, and flexibility for small businesses such as farmers to collectively bargain with larger businesses. This is all about strengthening our economy and growing jobs for the future. Mr President, I ask that further questions be placed on the Notice Paper.

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