Australia's economic arrangements are aimed at encouraging production while providing an adequate return to the Australian community.
Industry Portfolio Regulation Reform
The portfolio is committed to a regulation reform agenda as a means of unlocking productivity and competitiveness gains for industry.
Industry Innovation and Competitiveness Agenda
The Industry Innovation and Competitiveness Agenda was announced on 14 October 2014. It focuses on providing the right economic incentives to enable businesses, big and small, to grow. It contains immediate reforms which will boost competitiveness and a range of proposals for public consultation.