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Extension of time for Hilmer inquiry into competition policy



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PRIME MINISTER 62/93

STATEMENT BY THE PRIME MINISTER, THE HON P J KEATING, MP

EXTENSION OF TIME FOR HILMER INQUIRY INTO COMPETITION POLICY

There is to be a short extension of time to the National Competition Policy Inquiry, headed by Professor Fred Hilmer. Premiers and Chief Ministers have been consulted on, and are agreeable to, the new reporting date for the Inquiry. Accordingly, the Inquiry Committee, which was to have reported in May, will

now release its report publicly in August.

The Inquiry released an issues paper in February, and has generated wide interest in the community, receiving over a 120 submissions. In addition, Professor Hilmer and his team have seen most Heads of Government, and received submissions from most States. The extra time is to enable the Inquiry

team to consult more widely, particularly with the States and Territories, now that the Inquiry team is formulating more precise ideas.

I have proposed to Heads of Government that once the report of the Inquiry becomes available, a Commonwealth-State officials group should commence work, to facilitate detailed consideration of the Hilmer Report at a late 1993 Council of Australian Governments meeting.

The National Competition Inquiry is a major independent inquiry. It is chaired by Professor Fred Hilmer, Dean of the Australian Graduate School of Management in the University of New South Wales; Mr Geoff Taperell, a partner in the law firm of Baker & McKenzie; and Mr Mark Rayner, Group Executive, CRA Ltd.

CANBERRA 24 MAY 1993

I COMMONWEALTH PARLIAMENTARY LIBRARY MICAH