The Australian Productivity Commission’s latest annual Trade and Assistance Review was released quite recently. These, statutorily required, reviews contain
the Commission’s latest quantitative estimates of Australian Government assistance to industry
as well as useful discussion and analysis of key recent developments in the trade and industry assistance area. As the Commission notes in the Foreword to this year’s report
Views inevitably differ on what constitutes industry assistance and whether it is warranted. Fundamental to these questions is transparency of measures. The annual Review seeks to identify government arrangements that may be construed as assistance, as well as their target, size, and nature. This information provides a basis for considered assessment of the benefits and costs of the arrangements.
Transparency alone usually can’t stop daft policies being adopted or continued, but with good and reasonably empirical estimates and disinterested analysis, it is harder to push back against the special interest lobbying governments for…
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Utopia, you are standing in it! 
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