Kate Ritchie: Joining us today is Michael
Corrigan. He is a partner in the Competition Group at Clayton
Utz in Sydney. Michael, a warm welcome to Boardroom
Radio.
Michael Corrigan: Thanks Kate and nice to talk
to you.
Kate Ritchie: Now Michael, at the end of
last year, the Government released draft legislation on price
signalling prohibitions with particular reference to banking.
Can you take us through some of the proposed reforms?
Michael Corrigan: Yes, the Government has
released a draft exposure bill to introduce quite strict laws
prohibiting price signalling between competitors. The
Government's bill was released as a package to address a number
of concerns around competition within banking.
