Establish a Prices Commission and accompanying divestiture and price gouging laws

Summary of proposal

The proposal would:

  • establish a Prices Commission as a Commonwealth entity to monitor price setting across the economy. Staffing levels would be equivalent to the Productivity Commission.
  • introduce new price gouging laws and divestiture powers to be enforced by the Australian Competition & Consumer Commission (ACCC)
  • add an additional 20 full-time jobs in the ACCC to investigate gouging and act on referrals from the Prices Commission.

The proposal would be ongoing and start on 1 July 2025.

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Establish a Prices Commission and accompanying divestiture and price gouging laws

Summary of proposal

The proposal would:

  • establish a Prices Commission as a Commonwealth entity to monitor price setting across the economy. Staffing levels would be equivalent to the Productivity Commission.
  • introduce new price gouging laws and divestiture powers to be enforced by the Australian Competition & Consumer Commission (ACCC)
  • add an additional 20 full-time jobs in the ACCC to investigate gouging and act on referrals from the Prices Commission.

The proposal would be ongoing and start on 1 July 2025.

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Accelerate renewable energy generation on farms

Summary of proposal

The proposal would provide $50 million over 4 years to accelerate renewable energy generation on farms by scaling technologies.

The proposal would be non-ongoing, distribute funding evenly over 4 years and include departmental funding from within the capped amount.

The proposal would start from 1 July 2026.

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Accelerate renewable energy generation on farms

Summary of proposal

The proposal would provide $50 million over 4 years to accelerate renewable energy generation on farms by scaling technologies.

The proposal would be non-ongoing, distribute funding evenly over 4 years and include departmental funding from within the capped amount.

The proposal would start from 1 July 2026.

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Accelerate renewable energy generation on farms

Summary of proposal

The proposal would provide $50 million over 4 years to accelerate renewable energy generation on farms by scaling technologies.

The proposal would be non-ongoing, distribute funding evenly over 4 years and include departmental funding from within the capped amount.

The proposal would start from 1 July 2026.

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Environmental biosecurity - $8m over 4 years for investment in environmental biosecurity surveillance

Summary of proposal

The proposal would provide $8 million over 4 years to increase investment in environmental surveillance to detect and prevent invasive species.

The proposal would be non-ongoing, distribute funds evenly over 4 years and include departmental funding from within the capped amount.

The proposal would start on 1 July 2026.

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Environmental biosecurity - $8m over 4 years for investment in environmental biosecurity surveillance

Summary of proposal

The proposal would provide $8 million over 4 years to increase investment in environmental surveillance to detect and prevent invasive species.

The proposal would be non-ongoing, distribute funds evenly over 4 years and include departmental funding from within the capped amount.

The proposal would start on 1 July 2026.

Read more

Environmental biosecurity - $8m over 4 years for investment in environmental biosecurity surveillance

Summary of proposal

The proposal would provide $8 million over 4 years to increase investment in environmental surveillance to detect and prevent invasive species.

The proposal would be non-ongoing, distribute funds evenly over 4 years and include departmental funding from within the capped amount.

The proposal would start on 1 July 2026.

Read more

Support for Australian seaweed industry

Summary of proposal

The proposal would provide $50 million over 4 years to support establishing and growing an Australian seaweed industry including research, development and extension projects for commercial seaweed aquaculture and harvesting in Australia.

The proposal would be non-ongoing, distribute funding evenly over 4 years and include departmental funding from within the capped amount.

The proposal would start from 1 July 2026.

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Support for Australian seaweed industry

Summary of proposal

The proposal would provide $50 million over 4 years to support establishing and growing an Australian seaweed industry including research, development and extension projects for commercial seaweed aquaculture and harvesting in Australia.

The proposal would be non-ongoing, distribute funding evenly over 4 years and include departmental funding from within the capped amount.

The proposal would start from 1 July 2026.

Read more