Boosting choice for consumers across NSW
The Minns Labor Government welcomes the Federal Treasurer’s announcement today of the new $900 million National Productivity Fund for states and territories.
The fund provides states like NSW with a critical funding resource to boost competition and productivity for consumers.
Areas flagged for reform are designed to give consumers more choice.
Whether that is planning reforms that allow more supermarket competition, or changes to ensure customers can choose where they get their goods repaired - these are common sense ideas.
Earlier this year NSW Treasurer Daniel Mookhey co-authored a federal government consultation paper that began the work of revitalising the decades old National Competition Policy to ensure it better serves our modern economy.
Increasing competition and dynamism is good for businesses, good for consumers of NSW and good for the economy.
Treasurer Mookhey looks forward to a continued partnership with his federal, state and territory counterparts to continue this important reform.