Mr Sims will say that Australia's road network has not been given the same attention as other areas in discussions about microeconomic reform and the prices paid by users do not reflect the cost of using roads. "Despite their key role, roads have not been subject to the level of microeconomic reform that has occurred in other industries since the 1990s," Mr Sims will say, according to Fairfax.
According to the media outlet, the suggestion would see charges to use public services during peak times increase, much like on the two harbour crossings in Sydney. "The reason to privatise assets is to promote economic efficiency," the chairman of the Australian Competition and Consumer Commission (ACCC) will tell a conference today.
Read more here: Business Spectator