Australia's airports are a major component of the national transport infrastructure and make a significant contribution to Australia's overall economic prosperity. Continued investment in aeronautical infrastructure is a key objective of the Australian Government. At the same time, airports have significant market power and this is an important factor in determining the most appropriate economic regulatory regime.
There is also a need to ensure that the aviation industry generally, and Australian airports specifically, continue to provide access to national and international services and infrastructure that meet the broad range of passenger needs and expectations.
On 22 June 2018 the Deputy Prime Minister and Minister for Infrastructure and Transport and the Treasurer jointly announced the Productivity Commission Inquiry into the Economic Regulation of Airports. The Productivity Commission handed its Final Report for this inquiry to the Australian Government on 21 June 2019. The report was tabled on 22 October 2019 and the government response was released on 11 December 2019.