August/September 2020 Insights

Published 9 Sep 2020

Vol. 17 | No. 3 | August 2020

Jed Sullivan - Balance of Trade

Competitive tensions: Markets are the key to growth and prosperity – except when they don’t work

Markets not working well provide an endless source of agricultural policy discussion. Not surprisingly, complaints of market failure, of imbalance of power and monopolistic (or monopsonistic) behaviour, are enticing and often involve the classic David and Goliath battle of the small business failing because of competition from larger competitors and of industries declining because of a flood of cheap imports. This issue of Insights looks at competition policy in 2020, drills down into implications for the dairy sector, and runs through some of the AFI’s previous work on the topic.

Published 9 Sep 2020

Articles about competition policy often tend to open with a statement along the lines of: Competition is central to the operation of markets, and fosters innovation, productivity and growth, all of which create wealth and reduce poverty. Even though that statement is definitive, it will be inevitably followed by a…

Published 9 Sep 2020

Mick Keogh was appointed as Commissioner of the ACCC in February 2016, and then as Deputy Chair of the ACCC in 2018. Mick’s diverse history with the agriculture sector has included employment as a farm manager, a university researcher, an agribusiness consultant and a policy advisor. Mick’s role at the ACCC…

Published 9 Sep 2020

Retailers may ‘sell’ the idea of farming as a bucolic lifestyle but in reality agriculture is a competitive, market-driven business. While Australian agriculture is primarily export-focused, the domestic food market is characterised by the dominance of the major retailers – usually referred to as the duopoly (Coles and Woolworths) –…

Published 9 Sep 2020

In this chaotic year of changed routines, many of us have found ourselves with more time than usual to catch up on those books, long-form articles, podcasts and documentaries which we’d earmarked to watch ‘one day’. In this edition we’re starting a new feature in which we recommend some of…

Published 9 Sep 2020

In keeping with the prevailing 2020 theme of adaptation, the AFI will be making some significant changes in coming months. The most visible change will be the launch of our new website, which will be much more user-friendly and provide a better repository for our extensive range of agricultural policy…
Scroll to Top