Australia: Foreign ownership ceilings raised for air transportation firms
Description
Between December 2009 and March 2010 the government of Australia increased foreign ownership ceilings in domestic air transportation companies. This investment policy measure aims at improving
the entry conditions for foreign investors.
Any Evidence-Based Deliberation:
| Question | Result |
|---|---|
| Is there anything in the public record to suggest that evidence of the effectiveness of the proposed measure was considered during official deliberations? | |
| Is there any evidence that alternatives to the proposed measure were considered? | |
| Is there anything in the public record that suggests that empirical evidence informed the comparison across the alternatives available to government? | |
| Was such evidence identified? | |
| Is such evidence publicly available? | |
| Did the official decision-maker in question provide an explanation as to why a chosen measure was favoured over alternatives? | |
| Is there any evidence to suggest that potentially affected trading partners were consulted before the measures were taken? | |
| Is there any evidence that safeguards have been put in place to ensure that implementation of the initiative is transparent and non-discriminatory? | |
| Did the government state its intention to review the measure within one year of implementation? |
Date Discovered: 03/05/2010
Implemented: Yes
Date of inception: 1 Mar 2010
GTA Evaluation: Amber
Source:
Investment Policy Brief, A Periodic Report by the UNCTAD Secretariat, No. 2, 20 April 2010.
Government Response:
- 300 reads
