Revitalising National Competition Policy
SUBMISSION

Revitalising National Competition Policy

clock

04.10.2024 - 12:38

Competition

Mandala's submission to the National Competition Policy Unit on Revitalising National Competition Policy, focuses on realigning Australia's legislative settings on competition to meet the current realities of our economy.

The National Competition Policy (NCP) was introduced three decades ago in recognition that government legislation had a large role to play in realising the objectives of competition law. But the needs of the economy have changed significantly over the last three decades. Some parts of the payments system have been disrupted by new entry. The competitive dynamics of retail have been transformed by online channels. AI changed the way that businesses compete. The NCP needs to be revitalised to unlock future productivity and prosperity in our economy.

Our submission has been informed by Mandala’s recent research across a cross-section of sectors in the economy, including retail, superannuation, health care, and financial services.

Read Mandala's Submission here.

Read our latest posts

Critical Minerals Strategic Reserve Design
Critical mineralsEnergy transitionGovernment

Critical Minerals Strategic Reserve Design

Mandala's latest report for the Association of Mining and Exploration Companies (AMEC) sets out an industry-informed approach to implementing Australia’s Critical Minerals Strategic Reserve, with a focus on rare earths critical to national security and the energy transition. Bringing together 10 Australian rare earth developers, and drawing on international precedents and economic analysis, the report recommends a commercially viable and fiscally sustainable model to support new investment in Australia’s rare earths sector while managing risk to taxpayers.

12 Jan, 2026

The Value of Online Payments to New Zealand Businesses
FinTechFinancial ServicesTechnology

The Value of Online Payments to New Zealand Businesses

Mandala partnered with Stripe on a research report based on the findings of a survey of 200 New Zealand businesses around the value of online payments and opportunities for future innovation.

18 Dec, 2025

Optimising Australia’s Specialist Investment Vehicles for the Net Zero Journey
Net ZeroClimateGovernmentEnergy transition

Optimising Australia’s Specialist Investment Vehicles for the Net Zero Journey

Mandala, in partnership with IGCC, explores how Australia’s Specialist Investment Vehicles (SIVs) are deploying public capital to accelerate the net zero transition. The report examines the current funding landscape, identifies structural challenges that limit the effectiveness of public investment, and sets out a pathway to evolve the SIV system into a more coordinated, capital-led model aligned with national priorities.

10 Dec, 2025

$160 billion and counting: The cost of Commonwealth regulatory complexity
Productivity

$160 billion and counting: The cost of Commonwealth regulatory complexity

Our latest research for the Australian Institute of Company Directors (AICD) reveals Australia’s growing regulatory burden. The cost to businesses of complying with federal regulation has risen to $160 billion (5.8 per cent of GDP), up from $65 billion (4.2 per cent of GDP) in 2013. More complex laws are contributing to the increase in costs and redirecting business resources away from growth and innovation. Board time on compliance has doubled from 24 percent to 55 percent in 10 years, while the external legal spend now sits at $16bn up from $6bn in 2010. While the UK, EU, Canada, New Zealand and US are simplifying regulation to drive growth, Australia risks falling further behind without taking immediate policy action.

2 Dec, 2025

Loading...