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Review of Mutual Recognition Schemes

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  • Productivity Commission

Abstract

The mutual recognition schemes linking Australian states and territories and New Zealand have contributed to the creation of a seamless national economy in Australia and a single economic market across the Tasman, according to a report by the Productivity Commission. This, and other findings are contained in this review of the schemes the Commission presented to Australian Heads of Government and the New Zealand Prime Minister in early February 2009. In an assessment of the two main mutual recognition schemes - the Mutual Recognition Agreement (MRA) and the Trans-Tasman Mutual Recognition Arrangement (TTMRA) - the Commission found that they brought benefits through increased mobility of labour and greater movement of merchandise between jurisdictions. The Commission found, however, that ambiguities and omissions in the legislation create frictions in the operation of the schemes. Moreover, a lack of awareness of mutual recognition means that businesses, individuals and regulators do not always use the schemes fully or appropriately. The Commission recommended a suite of administrative, regulatory and legislative changes to mutual recognition arrangements which, if implemented in the near-to-medium term, would reinvigorate the schemes and allow them to reach their full potential.

Suggested Citation

  • Productivity Commission, 2009. "Review of Mutual Recognition Schemes," Research Reports, Productivity Commission, Government of Australia, number 32, July.
    • Handle: RePEc:ris:prodcs:32
    Note: 468 pages.
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    File URL: http://www.pc.gov.au/__data/assets/pdf_file/0007/85759/mutual-recognition-schemes.pdf
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    File URL: http://www.pc.gov.au/projects/study/mutualrecognition/report
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    References listed on IDEAS

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    Cited by:

    1. Peter Tulip, 2014. "The Effect of the Mining Boom on the Australian Economy," RBA Bulletin (Print copy discontinued), Reserve Bank of Australia, pages 17-22, December.
    2. Mr. Jorge A Alvarez & Mr. Ivo Krznar & Trevor Tombe, 2019. "Internal Trade in Canada: Case for Liberalization," IMF Working Papers 2019/158, International Monetary Fund.
    3. Productivity Commission, 2009. "Performance Benchmarking of Australian and New Zealand Business Regulation - Food Safety," Research Reports, Productivity Commission, Government of Australia, number 38, July.
    4. John Leslie, 2015. "Regionalism by diffusion and design: Australasian policymakers, Europe and Asian-Pacific economic integration," Asia Europe Journal, Springer, vol. 13(2), pages 193-210, June.

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    More about this item

    Keywords

    mutual recognition; Australia New Zealand Closer Economic Relations Trade Agreement; free trade; Trans-Tasman; bilateral engagement;
    All these keywords.

    JEL classification:

    • F - International Economics
    • P - Political Economy and Comparative Economic Systems

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