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COMPETITION POLICY AND DEREGULATON CHALLENGES AND CHOICES Crawford School of Public Policy ANU College of Asia & the Pacific FRIDAY 7 MARCH 2014

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C O M P E T I T I O N P O L I C Y A N D D E R E G U L A T O N

C H A L L E N G E S A N D C H O I C E S

Crawford School of Public Policy

ANU College of Asia & the Pacific

F R I D A Y 7 M A R C H 2 0 1 4

R E A L S O L U T I O N S F O R A C H A N G I N G W O R L D

The Australian National University receives Australian Government funding under the ‘Enhancing Public Policy Initiative’. CRICOS# 00120C | 220513AC

Crawford School is The Australian National University’s public policy school, leading and shaping public policy debate to create achievable solutions in Australia, and the world, through research, professional education and policy engagement. Staff and visitors are active on government committees and play advisory roles across government, business and civil society.

As a student at Crawford School, you will be a valued member of Australia’s leading public policy community and contribute to the impact being made to the world’s water, food, energy and climate change challenges. You can explore your graduate coursework, research and executive education study options in the following fields:

> Public Policy

> Public Administration

> International and Development Economics

> Environmental and Resource Economics

> Environmental Management and Development

> Climate Change

> Applied Anthropology and Participatory Development

Join Australia’s leading public policy community today.

Graduate Coursework and Research T 02 6125 0556 W crawford.anu.edu.au/future_studentsExecutive Education T 02 6125 2154 E [email protected] W crawford.anu.edu.au/executive_education

COMPETITION POLICY AND DEREGULATIONIn 1993 the release of the report of the National Competition Policy Review Committee (known as the Hilmer Report) generated important reforms in terms of trade practices and competition policy in Australia.

The 21st anniversary of the Hilmer Report provides a timely reminder and opportunity for a stocktake of what led to the microeconomic reforms of the 1990s, and what competition and deregulation reforms Australia may need looking forward.

This public event brings together Peter Harris of the Productivity Commission, Dr Ken Henry of ANU, Professor Fred Hilmer of UNSW, and Rod Sims of the ACCC, to speak to the challenges and choices facing Australia in terms of competition policy and deregulation.

PRESENTED BY

Crawford School of Public Policy

Advance is Crawford School’s magazine, specifically targeted to a public policy-engaged audience, containing essays, opinions and ideas to help shape public policy. The magazine is produced four times a year and features contributions from Crawford School staff and students, ANU Public Policy Fellows and public policy-engaged researchers.

Website: https://crawford.anu.edu.au/research/content/advance.php

Crawford School is The Australian National University’s public policy school, leading and shaping public policy debate to create achievable solutions in Australia, and the world, through research, professional education and policy engagement. Staff and visitors are active on government committees and play advisory roles across government, business and civil society.

Website: https://crawford.anu.edu.au

Advance magazine

ANU Public Policy Fellows

The ANU Public Policy Fellows program brings together the University’s substantial public policy expertise with outstanding policymakers. The aim of the program is to build on and further strengthen the engagement and relationships between public policy-enagaged researchers and the public service. The Fellows have been selected for their significant contributions to public policy and public understanding in areas as diverse as environment, health, finance and economics, defence, Indigenous affairs, population and international law.

The program significantly enhances the University’s public policy role by providing a mechanism for strengthening the links between relevant expertise in all parts of the university and government.

Executive Education

Crawford School’s executive education program is your pathway to professional development through a diverse range of short courses, masterclasses and tailored or bespoke programs developed for government. Courses are delivered by world-class public service practitioners and academics.

Website: https://crawford.anu.edu.au/executive_education/

Shine Dome, Gordon Street, Acton, CanberraFriday 7 March 2014

PUBLIC FORUM

8.30am Registration and arrival tea and coffee

9am WelcomeProfessor Ian Young AOVice-Chancellor and President, The Australian National University

Opening remarksProfessor Quentin GraftonExecutive Director, Australian National Institute of Public Policy, Crawford School of Public Policy, The Australian National University

9.15am S P E A K E R P R E S E N T A T I O N S

Dr Ken Henry ACChair, ANU Public Policy Fellows, Crawford School of Public Policy, ANU

Peter Harris AOChairman, Productivity Commission

Rod Sims Chairman, Australian Competition and Consumer Commission

Professor Fred Hilmer AOVice-Chancellor and President, The University of New South Wales

10.35am Morning tea

11am P A N E L S E S S I O N

Chair: Professor Quentin Grafton, Executive Director, Australian National Institute of Public Policy, Crawford School of Public Policy, The Australian National University

12pm Thanks and close

SPEAKERS

Dr Ken Henry ACChair, ANU Pulic Policy Fellows, Crawford School of Public Policy, The Australian National University

Ken Henry has a number of roles at ANU, including chairing the ANU Public Policy Fellows and the advisory boards of the Tax and Transfer Policy Institute and the Sir Roland Wilson Foundation. He is also Chair of the Advisory Council of the SMART Infrastructure Facility at the University of Wollongong and a member of the Boards of National Australia Bank, the Australian Securities Exchange (ASX) and Reconciliation Australia.

He is a Governor of CEDA and a Council member of Voiceless. Dr Henry held senior policy advising positions in the Australian Treasury from late 1984 until early 2011.

From 2001 to 2011 he was Secretary to the Treasury and a member of the Board of the Reserve Bank of Australia and the Board of Taxation.

In 1997 and 1998 he chaired the Howard Government’s tax review task force that produced the policy blueprint, A New Tax System. He was a member of the Howard Government’s Task Group on Emissions Trading in 2007.

In 2009 to 2010 he chaired the Review into Australia’s Future Tax System commissioned by the Rudd Government. As Special Adviser to Prime Minister Gillard in 2011 and 2012, Dr Henry was responsible for leading the development of the Australia in the Asian Century White Paper.

Dr Henry holds a first class honours degree in economics from the University of New South Wales (UNSW) (1979) and a PhD in economics from the University of Canterbury, NZ (1982).

Dr Henry was awarded a Companion of the Order of Australia, General Division (AC) in the Australia Day Honours 2007. In May 2009, Dr Henry was awarded the degree of Doctor of Business honoris causa from the UNSW.

In November 2012 Dr Henry was made a Fellow of the Academy of Social Sciences in Australia.

Peter Harris AOChairman, Productivity Commission

Peter Harris is Chairman of the Productivity Commission. Mr Harris has previously served as Secretary of the Commonwealth Department of Broadband, Communications and the Digital Economy, and the Victorian Government agencies responsible for sustainability and the environment; primary industries; and public transport.

He has worked for the Ansett-Air New Zealand aviation group and as a consultant on transport policy. He has also worked in Canada on exchange with the Privy Council Office (1993-1994). His career with the government started in 1976 with the Department of Overseas Trade and included periods with the Treasury; Finance; the Prime Minister’s Department and Transport; and he worked for two years in the Prime Minister’s Office on secondment from the Prime Minister’s Department as a member of then Prime Minister Bob Hawke’s personal staff.

In 2013, he was made an Officer of the Order of Australia ‘for distinguished service to public administration through leadership and policy reform roles in the areas of telecommunications, the environment, primary industry and transport’.

He has a degree in Economics from the University of Queensland (1975) and is married with two children.

Professor Fred Hilmer AOVice-Chancellor and President, The University of New South Wales

Professor Fred Hilmer was appointed President and Vice-Chancellor of the University of New South Wales on 19 June 2006. Prior to taking up this position, Professor Hilmer was Chief Executive Officer, John Fairfax Holdings Limited from 1998 - 2005. Before joining Fairfax he was Dean and Director of the Australian Graduate School of Management (AGSM) in the University of New South Wales and a Director of Port Jackson Partners Limited. Prior to joining the AGSM, Professor Hilmer was a director of McKinsey & Company - responsible for managing the Australian practice.

He holds a degree in law from the University of Sydney, an LLM from the University of Pennsylvania, and a Master of Business Administration degree from the Wharton School of Finance where he was appointed a Joseph Wharton Fellow. In 1991 the Australian Institute of Management awarded him a special John Storey medal for distinguished contribution to the advancement of management thinking in Australia. Professor Hilmer was appointed an Officer of the Order of Australia in 1998 for his service to management education, competition policy, and workplace reform.

Earlier in his career Professor Hilmer was a member of the Faculty of Law at the University of Pennsylvania and he also practised law in Australia. He served on the Committee of Inquiry into Management Education during 1981 and 1982. He was a member of the Commonwealth Higher Education Council and Chairman of the Business Council of Australia’s Employee Relations Study Group. In 1992 and 1993 he chaired the National Competition Policy Review Committee. He is a Director of Westfield Holdings Limited. He previously served as Chairman of Pacific Power, Deputy Chairman of Foster’s Brewing Group Limited and as a Director of a number of other Australian companies. In 2010 Professor Hilmer was made a Fellow Honorary Member of CPA Australia.

He has written extensively on strategy, organisation and economic reform and is the author of a number of books, including: When The Luck Runs Out, New Games/New Rules, co-authored Strictly Boardroom, Working Relations and Management Redeemed, and, most recently, The Fairfax Experience – What The Management Texts Didn’t Teach Me.

Professor Hilmer was appointed Chair of the Group of Eight (Go8), the coalition of Australia’s leading research universities, in December 2011, and Chair of U21, the global network of research – intensive universities, in May 2013.

Rod SimsChairman, Australian Competition and Consumer Commission

Rod Sims was appointed Chairman of the Australian Competition and Consumer Commission (ACCC) in August 2011 for a five year term.

Rod has extensive business and public sector experience. Immediately prior to his appointment to the ACCC, he was the Chairman of the Independent Pricing and Regulatory Tribunal of New South Wales, Commissioner on the National Competition Council, Chairman of InfraCo Asia, Director of Ingeus Limited, and member of the Research and Policy Council of the Committee for Economic Development of Australia. Rod was also a Director of Port Jackson Partners Limited where he advised the CEOs and boards of some of Australia’s top 50 companies on commercial corporate strategy over many years. Rod relinquished all of these roles on becoming Chairman of the ACCC.

Rod is also a past Chairman of the NSW Rail Infrastructure Corporation and the State Rail Authority and has been a Director of a number of private sector companies. During the late 1980s and early 1990s, Rod worked as the Deputy Secretary in the Commonwealth Department of Prime Minister and Cabinet responsible for economic, infrastructure and social policy and the Cabinet Office. He also worked as Deputy Secretary in the Department of Transport and Communications.

Rod Sims holds a first class honours degree in Commerce from the University of Melbourne and a Master of Economics from The Australian National University.

C O N T A C T

Crawford School of Public Policy ANU College of Asia & the Pacific JG Crawford Building 132 Lennox Crossing The Australian National University Canberra Act 0200 Australia T +61 2 6125 4705 W www.crawford.anu.edu.au