Airports

Privatise for efficiency, or not at all

Privatising assets without allowing for competition or regulation creates private monopolies that raise prices, reduce efficiency and harm the economy, ACCC Chair Rod Sims said in a speech on Thursday.

Speaking at the 2021 ACCC/AER Regulatory Conference, Mr Sims discussed the need to either avoid monopolies, or if not then regulate them, to prevent costs to the economy arising from unfettered use of their market power.

Mr Sims put forward two possible solutions to avoid privatisations creating future unfettered private monopolies.

Airport monitoring report 2019-20

This report presents the results of the ACCC's price, financial reporting and quality of service monitoring for aeronautical services and car parking for Brisbane, Melbourne (Tullamarine), Perth and Sydney (Kingsford Smith) airports for the 2019-20 financial year.

Airline competition in Australia - March 2021 report

Third report on the ACCC’s monitoring of Australian domestic air passenger transport services.

Airline competition in Australia - December 2020 report

Second report on the ACCC’s monitoring of Australian domestic air passenger transport services.

Efficient infrastructure key to economy beyond the COVID-19 crisis

Efficient infrastructure is integral to rebuilding the economy beyond the pandemic but cannot come by excessively focussing on the needs of infrastructure owners at the expense of the users, ACCC Chair Rod Sims said today.

Mr Sims was speaking at the Australian Financial Review’s National Infrastructure Summit on competition issues in infrastructure and changes since COVID-19.

Airline competition in Australia - September 2020 report

First report on the ACCC’s monitoring of Australian domestic air passenger transport services.