Queensland Treasury is the government’s main adviser on competition policy. Competition helps drive innovation and the achievement of higher quality and better priced goods and services for consumers.
Treasury’s role involves:
- advising the government on competition and economic regulatory frameworks for monopoly infrastructure, including water, transport and energy businesses
- coordinating and providing policy advice on national competition matters, including the state’s requirements as a continued signatory to National Competition Policy agreements.
The Queensland Competition Authority (QCA) is responsible for the technical economic regulation of declared monopoly business activities under the Queensland Competition Authority Act 1997. The QCA is also responsible for conducting competitive neutrality complaint investigations relating to relevant state and local government businesses, and providing advice to the government agencies on these matters.