The Government’s Competition Policy Review has published an Issues Paper for comment.

The review is examining whether the current competition laws are working effectively to promote competitive markets, given increasing globalisation, changing market and social structures, and technological change.

The review will also look at whether the price signalling provisions of the Competition and Consumer Act should be retained, repealed, amended or extended from the banking sector to cover other sectors.

A draft report is due to be released in September 2014 with a final report scheduled for early 2015.