Look Who it Was Random video

The Government thinks red tape promotes competition

217 views · Published 16 August 2017 · 6:37 · Indexed 12 November 2026

Channel: Libertarian Party (Australia) · 2017 · News & Politics

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Many in this place have complained about retail market dominance by two players, about the dominance of banking in Australia by just four major banks, about the fact that we still have only two airlines dominating domestic air travel.

However the big retailers, banks and airlines are simply the ones with enough cunning to survive in the heavily regulated, taxed and controlled market created by government policy.

Policies that over-regulate and restrict businesses, anti-competitive labour laws, usurious taxation, restrictions on supply and international trade — the list goes on and on — all inhibit the ability of new players to set up and compete.

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