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Australian Competition and Consumer Commission



Section 2: Outcomes and outputs information

Outcomes and output groups

The map below shows the relationship between Government outcomes and the contributing outputs for the Australian Competition and Consumer Commission (ACCC). Financial detail for Outcome 1 by output appears in Table 2.1 while non-financial information for Outcome 1 appears in Table 2.2.

Map 2: Outcomes and output groups

Map 2: Outcomes and output groups

Changes to outcomes and outputs

The ACCC's outputs as published in the 2001-02 Treasury Portfolio Budget Statements were:

  • Output 1.1.1: The proper administration and enforcement of the Trade Practices Act 1974, the Prices Surveillance Act 1983 and related laws.
  • Output 1.1.2: Performance of actions that promote competition and fair trading and enable well functioning markets.

The ACCC has amended the description of its two outputs. The descriptions have been amended to reflect the ACCC's Corporate plan. The ACCC's new outputs are:

  • Output 1.1.1: Compliance with competition, fair trading and consumer protection laws and appropriate remedies when the law is not followed.
  • Output 1.1.2: Competitive market structures and informed behaviour.

There are no proposed changes in outcomes since the previous year.

Outcome 1 - Description

To enhance social and economic welfare of the Australian community by fostering competitive, efficient, fair and informed Australian markets.

The ACCC's role is to administer the Trade Practices Act 1974 and the Prices Surveillance Act 1983 and to perform functions under other Commonwealth legislation and State and Territory Competition Policy Reform Acts.

The ACCC seeks to:

  • promote effective competition and informed markets;
  • encourage fair trading and protect consumers; and
  • regulate infrastructure services market and other markets where competition is restricted.

Measures affecting Outcome 1

There are no measures for the ACCC in the 2002-03 Budget.

Outcome 1 - Resourcing

Table 2.1 shows how the 2002-03 appropriations translate to total resourcing for Outcome 1, including administered expenses, revenue from government (appropriation), revenue from other sources, and the total price of outputs.

Table 2.1: Total resources for Outcome 1 ($'000)

Table 2.1: Total resources for Outcome 1 ($'000)

(1) C1 and E1 show the links back to Table 1.1.

Outcome 1 - Contribution of outputs

The ACCC's outputs of compliance with laws and competitive market structures reflect the Government's decision to foster competitive, efficient, fair and informed Australian markets.

The outputs reflect the activity that the ACCC undertakes to fulfil its role and functions. The Government seeks to enhance the social and economic welfare of Australians, which the ACCC seeks to contribute by:

  • promoting effective competition and informed markets;
  • encouraging fair trading and protecting consumers; and
  • regulating infrastructure services market and other markets where competition is restricted.

The ACCC commits to meet these goals through effective and timely outcomes in the public interest, and to communicating its actions and results to the community at large.

Performance information for Outcome 1

Table 2.2: Performance information for Outcome 1

Table 2.2: Performance information for Outcome 1

Table 2.2: Performance information for Outcome 1 (continued)

Table 2.2: Performance information for Outcome 1 (continued)

Evaluations

Stakeholder views will be sought on the effectiveness of the ACCC's actions.


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