You are here

Turnbull backs change to Australia's competition laws

Government also rescinds planned tax hike on foreign travellers who work in the country
Thursday, March 17, 2016 - 05:50

BT_20160317_NAHAUS17_2170141.jpg
Mr Turnbull says he will back a controversial change to the country's competition laws that would reduce the power of big businesses to monopolise markets.

Sydney

AUSTRALIAN Prime Minister Malcolm Turnbull said on Wednesday that he would back a controversial change to the country's competition laws that would reduce the power of big businesses to monopolise markets and squeeze out smaller competitors.

The implementation of a so-called

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom