Australia needs more competition based reform in the water and roads sectors and should recommit to a national water agreement and adopt broad based charging for road use, according to a new report.

Unveiling its draft report, the Competition Policy Review Panel appointed by the government in March made a raft of recommendations pertaining to mergers and acquisitions, anti-competitive agreements employment processes and misuse of market power. In terms of infrastructure markets specifically, it noted measures such as privatisation, structural separation and pricing…