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Paul Black's avatar

I agree with the mechanism - this is as good an area for a Royal Commission as any right now — I just think the use of the word ‘immediate’ is misleading, or optimistic. Once called, it will take 6-12 months to get up and running; and likely 24+ months to report. We will have been through, officially, another recession by then. And possibly a change of federal government. Then the new government - if it is led by PP - will dismiss or ignore most of the findings and blame it on Justinflation, non?

Vass Bednar's avatar

Great points on timing and the possible recession - I think that adds to the urgency of getting the scaffolding together for something like this. If you look at the past examples, they seemed depoliticized to me. I think it has cross-party appeal. Everyone wants businesses to thrive while consumers get decent price options, no?

Paul Black's avatar

Theoretically, for sure. I’m just not sure about PP’s approach to the world. But I agree they have a life of their own and tend not to be completely disregarded once the work is completed.

Vass Bednar's avatar

I think it could give consumers peace of mind. We have seen a lot of mistrust and resentment persist, alongside more complex accounting of "it's not so simple." How to put everything to rest, with the best information?