Ministers Hope Monopoly Inquiry Will Open Door to Economic Growth

Ministers Hope Monopoly Inquiry Will Open Door to Economic Growth
Treasurer Jim Chalmers during the Budget lockup at Parliament House in Canberra, Australia, on May 09, 2023 . Photo by Martin Ollman/Getty Images
|Updated:
0:00
The Albanese Labor government is commissioning an inquiry into the monopolisation of various Australian sectors amid concerns productivity and economic growth are dwindling. 
At a joint press conference in Canberra on Aug. 23, Treasurer Jim Chalmers officially announced the inquiry along with Assistant Minister for Competition and Treasury Andrew Leigh.