This Schedule accompanies the Intergovernmental Agreement on National Competition Policy to support delivery and ongoing development of consistent and complementary reforms that will create a more seamless and competitive Australian economy.
This Schedule supports reforms that reflect national priorities and will facilitate effective competition across Australia's economy to promote efficiency and productivity growth to sustainably improve living standards and opportunities.
This Schedule facilitates Commonwealth and state and territory governments sharing the benefits of economic growth and revenue generated by competition reforms to which they have contributed.
Financial contributions under this Schedule are available to Parties that are fully-participating jurisdictions under the Intergovernmental Agreement on National Competition Policy.
Governments have committed to revitalise National Competition Principles under the Intergovernmental Agreement. These Principles guide how governments promote competition and remove barriers. State and territory timetables for delivering the Principles are as follows:
- New South Wales National Competition Principles Implementation Timetable
- Victoria National Competition Principles Implementation Timetable
- Western Australia National Competition Principles Implementation Timetable
- South Australia National Competition Principles Implementation Timetable
The National Competition Policy Notes on Administration should be read in conjunction with this Schedule.
