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The views expressed in this report are those of the author(s) and do not necessarily reflect those of the Australian Government or the Department of Industry, Innovation and Science.

This work is copyright. Apart from use under Copyright Act 1968, no part may be reproduced or altered by any process without prior written permission from the Australian Government.

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For more information on Office of the Chief Economist research papers please access the Department's website at: www.industry.gov.au/OCE