|
|
| Home | Search | Site Map | Help | |
Section 1: Overview, Appropriations and Budget Measures Summary
Overview
The role of the National Competition Council (NCC) is to oversight and assist the implementation of National Competition Policy and related reforms outlined in frameworks developed and agreed by all Australian governments. Its responsibilities include assisting public awareness of competition reform agendas, recommending on the design and coverage of infrastructure access regimes under Part IIIA of the Trade Practices Act 1974, and assessing whether States and Territories have made satisfactory progress towards competition policy reform.
The NCC vision is that through constructive engagement with governments it will work towards completing the reform program originally envisaged in April 1995. The NCC's second broad goal is to help the community to become better attuned to the scope and potential outcomes of competition reform. This approach will enable increased competition to be introduced where it will result in greater economic growth, less unemployment, better social outcomes and the better use of resources for all Australians. The above vision is embodied in the Council's mission: `To help raise the living standards of the Australian community by ensuring that conditions for competition prevail throughout the economy that promote growth, innovation and productivity'.
Appropriations
The total appropriations for the NCC in the 2000-01 Budget are $3.3 million (see Table 1.1 on the following page).
National Competition Council - Appropriations 2000-01
Table 1.1: Appropriations ($'000)
(a) Revenue from Other Sources includes other revenue from government (for example, resources free of charge) and revenue from sources other than government (for example, sales of goods and services).
Administered Capital and Agency Capital (Equity Injections and Loans)
The NCC does not have an appropriation for an equity injection or loan or appropriations for administered capital in 2000-01.
