This review of regulatory reform in Australia comes at the right time to capture the attention of the OECD community. Australia has successfully weathered the worst effects of the current economic crisis. The resilience of the Australian economy, in the face of the deepest and most widespread recession in over fifty years in OECD countries, can in part be attributed to Australia’s current and past regulatory reforms.
Australia has built strong governance foundations for the development of good regulatory management and competition policies, which are likely to be conducive to economic growth. It aims to reinvigorate a wide agenda of national reforms and to embed past reform achievements in new working arrangements between the Commonwealth and the States. This reform agenda is likely to yield substantial economic benefits for years to come, but demands joint participation and commitment from both the Commonwealth and all States. Maintaining the momentum for reform is a critical challenge, which requires a strategic vision as well as strenuous efforts to promote change and to establish a culture of continuous regulatory improvement.
Australia is one of many OECD countries to request a broad review by the OECD of its regulatory practices and reforms. This review presents a general picture , set within a macroeconomic context, of regulatory achievements and challenges, including regulatory quality at the Commonwealth level as well as across levels of government, competition policy and market openness. It also provides a special focus on Commonwealth-state relationships.
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This is the background report on Government capacity to assure high-quality regulation in Australia. It provides more indepth information to Chapter 2 from the publication Australia 2010: Towards a Seamless National Economy.
This review presents a general picture, set within a macroeconomic context, of regulatory achievements and challenges, including regulatory quality at the Commonwealth level as well as across levels of government, competition policy and market openness.
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The self evaluation report for the State of Victoria (Australia) was prepared by the Victorian Government Department of Innovation, Industry and Regional Development, as an input to the OECD Review of Higher Education in Regional and City Development.
This Working Paper provides a comparative perspective on the application of quality regulation principles to financial sector regulators, in the US, Canada, Australia, the UK and France.
The rapidly developing Southeast Asia region is confronted with significant labour market challenges. This initiative aims to address the issues of employment and skills, especially through an interaction platform for members.
Economic forecasts for GDP, unemployment, inflation and fiscal balance
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External links to: recent economic data; current interest and exchange rates; latest macroeconomic reports; current outlook and projections; government budget information; speeches; relevant sites.
Governments should invest more money on children in the first six years of their lives to reduce social inequality and help all children, especially the most vulnerable, have happier lives, according to the OECD’s first ever report on child well-being in its 30 member countries.
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Agreement between Australia and Guernsey for the exchange of information relating to tax matters