Abstract

Social impact assessment formally became a part of microeconomic reform policies in Australia in 1995. However, there has been no clear guidance on how ‘public interest tests’ and impacts on access equity should be considered when making assessments of the costs and benefits of reform. Two microeconomic initiatives are used to illustrate this situation: the 1997 debate on privatization of government-owned electricity companies and regulatory intervention in private rental tenancy markets. Hesitation seems to be the best way to describe the Australian Government's response to social impact assessment rather than opposition.

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