We know the Coalition will cut $500m from the budgeted car industry assistance between now and 2015. It says it will have another Productivity Commission inquiry into what assistance should be provided after that and how it should be spent. Given that the industry says ongoing assistance is essential for its survival, that leaves a large question mark.
The Coalition has given mixed signals on competition policy, saying both that the existing laws are too onerous and that small business needs more protection against large competitors. Competition law will be the subject of another “root and branch review” after the election.