Broadband, Communications and the Digital Economy
Telecommunications regulatory reform — competition and consumer safeguards
| 2008‑09 | 2009‑10 | 2010‑11 | 2011‑12 | 2012‑13 | |
|---|---|---|---|---|---|
| Australian Competition and Consumer Commission | - | 2.5 | 0.9 | - | - |
| Australian Communications and Media Authority | - | - | 1.2 | 1.2 | 1.2 |
| Total | - | 2.5 | 2.1 | 1.2 | 1.2 |
| Related revenue ($m) | |||||
| Australian Communications and Media Authority | - | 2.5 | 2.1 | 1.2 | 1.2 |
The Government will provide $3.4 million over two years to the Australian Competition and Consumer Commission to implement reforms to telecommunications competition regulation, and $1.2 million a year ongoing to the Australian Communications and Media Authority to manage the proposed legislated consumer safeguards regime.
The Government has announced reforms to existing telecommunications regulation to:
- address the high level of industry concentration to promote greater competition and consumer benefits;
- streamline and simplify the competition regime to provide more certain and quicker outcomes for telecommunications companies;
- strengthen consumer safeguards to ensure services standards are maintained at a high level; and
- remove redundant and inefficient regulatory red tape.
The costs of this measure will be fully recovered from annual carrier licence charges collected by the Australian Communications and Media Authority under the Telecommunications (Carrier Licence Charges) Act 1997.
Further information can be found in the press release of 15 September 2009 issued by the Minister for Broadband, Communications and the Digital Economy.
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