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Turnbull backs change to Australia's competition laws

Government also rescinds planned tax hike on foreign travellers who work in the country

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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

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