Submission to the Productivity Commission’s Issue Paper on the Economic Regulation of Airports
7 September 2018
In our submission to the Productivity Commission’s Issue Paper on the Economic Regulation of Airports, the Business Council recommended the following:
- The regulatory framework that applies to airports should encourage the efficient use of critical infrastructure, preserve strong incentives to invest and innovate in the long-term interest of consumers, minimise the regulatory burden faced by all parties and promote commercially negotiated outcomes wherever possible
- Improvements to strategic planning and major project approval processes should be made to support improved land transport access at airports.
- Operating restrictions at Australia’s major airports should be amended where this would result in a net public benefit. For Sydney Airport, greater flexibility in the application of the flight cap and curfew dispensation should be considered.