Stephen King

Stephen King

Stephen King is a Professor of Economics and former Dean at Monash University in Melbourne, Australia.

Prior to joining Monash University, Stephen was a Member of the Australian Competition and Consumer Commission (ACCC). Before that, he was a Professor of Economics at the University of Melbourne and a Professor of Management (Economics) at the Melbourne Business School.

Stephen’s main areas of expertise are in Trade Practices economics, regulation and industrial organization. While at the ACCC, Stephen chaired the Mergers Review Committee and was closely involved with a wide range of merger decisions. He was involved in the full range of activities undertaken by the Commission. These included both on-going functions – such as authorisation decisions, regulatory determinations and enforcement actions under the Trade Practices Act – and ad hoc activities undertaken by the Commission. For example, Stephen was one of the three Commissioners who undertook the Part VIIA inquiries into the price of unleaded petrol in Australia and into the Australian grocery industry. He was also one of the two Commissioners presiding over the Services Sydney-Sydney Water Access Dispute. This was the first arbitration completed under Part IIIA of the Trade Practices Act.

Is competition regulation an oxymoron?

By · February 9th, 2015

Australia needs a full-time, focussed competition watchdog that applies the law using state-of-the-art economics, understanding the ambiguities and subtleties of market interactions, writes Professor Stephen King.

Why the federal budget represents the victory of the Baby Boomers over the ‘Alphabet soup’ generations

By · July 15th, 2014

Professor Stephen King lays down evidence which suggests the 2014 federal budget was a series of moves to protect the Baby Boomers, by reducing the entitlements of the younger generations.

Time for the states to have income tax?

By · July 1st, 2014

Professor Stephen King explains why state income taxes is an idea whose ‘time has come’.

Let’s celebrate the fall in global income inequality

By · May 24th, 2014

Professor Stephen King brings to the fore the story of decreasing global income inequality, often receiving less attention in comparison to the fierce debate about in-country income inequality.

Time for the ACCC to declare victory in the ‘shopper dockets’ war

By · April 27th, 2014

Professor Stephen King explains and evaluates the ACCC’s efforts in restricting the extent of fuel discounts offered by Woolworth and Coles shopper dockets. Should ACCC go further?

When the government plays with hidden taxes, we all lose

By · March 30th, 2014

“You don’t get nuthin for nuthin.” Professor Stephen King discusses the illusion and the reality of cross-subsidies, and who really bears the costs of the postal service, the gas reservation scheme and the NBN.

Are economists born or made?

By · February 27th, 2014

Is the economist’s astute (and sometimes uncharitable) nature born or bred? Professor Stephen King explains.

A case for the privatisation of Australia Post

By · February 1st, 2014

Professor Stephen King questions the government’s investment in Australia Post in light of the NBN’s impact on the standard letter.

Are your parents about to rip you off?

By · October 5th, 2013

Monash University professor Stephen King examines the current problems of superannuation in Australia, and the necessary steps to make it a more effective system.

Why did our banks survive the GFC?

By · July 22nd, 2013

Stephen King discusses the key factors that were responsible in enabling Australian banks to weather the storm of the GFC.

Global warming, externalities and government failure

By · June 24th, 2013

Past experience has shown that policy solutions to address externalities are most effective when the problem is local. So what are the chances of an effective inter-governmental solution to global warming?

How the MRRT ‘Super Profits’ tax failed on basic economics

By · May 28th, 2013

The recognition that there is no such thing as a ‘sustainable mining boom’ came too late for Australian policymakers, who bet fiscal policy on a mining Golden Age.

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