IPART has released its final report on NSW’s competitive neutrality policy. Through the review, we consulted with state and local government businesses, policy owners and non-government businesses. The final report makes 30 recommendations to address the issues they raised and improve NSW’s competitive neutrality policies and processes.
Competitive neutrality policies aim to ensure that significant government businesses do not have a competitive advantage over other businesses simply because they are owned by the government. Competitive neutrality does not prevent governments from running businesses or require privatisation. It also does not prevent governments from subsidising business activities where it is in the public interest, but it does require subsidies to be considered and deliberate.