_____ Ordinary Council Meeting Agenda, Appendix 1 Childcare Public Policy Review Outcome, draft Early Childhood Education and Care Public Policy (November 2014), _____ September 2014, Children and Young People’s Plan 2014-18, Melbourne _____ Correspondence, 28 October 2014 _____ Correspondence, 21 November 2014 _____ Correspondence, 23 December 2014 _____ Correspondence, 14 January 2015 KPMG (October 2014) Child Care Public Policy Review, Melbourne Maddocks Lawyers December 2005 Report on Public Interest Test for Childcare Centres prepared for Hobsons Bay City Council VCEC (Victorian Competition and Efficiency Commission) 2012, Identifying significant business activities for competitive neutrality: Guidance note, . CN measures The CN policy provides three measures for implementing competitive neutrality — corporatisation, commercialisation, and full cost-reflective pricing. Corporatisation ‘Corporatisation involves the creation of a separate legal business entity to provide the relevant goods and services’ (Government of Victoria 2000, p. 7). The following characteristics of a corporatised entity are described in the CN Policy: clear and non-conflicting objectives; managerial responsibility, authority and autonomy; independent and objective performance monitoring; and performance-based rewards and sanctions. Corporatisation is the preferred way to address CN issues when the government agency operates a business in a market in which it has statutory monopoly functions. Full separation through corporatisation ensures the agency does not face conflicting objectives between its statutory monopoly functions and commercial objectives.
_____ Ordinary Council Meeting Agenda, Appendix 1 Childcare Public Policy Review Outcome, draft Early Childhood Education and Care Public Policy (November 2014), _____ September 2014, Children and Young People’s Plan 2014-18, Melbourne _____ Correspondence, 28 October 2014 _____ Correspondence, 21 November 2014 _____ Correspondence, 23 December 2014 _____ Correspondence, 14 January 2015 KPMG (October 2014) Child Care Public Policy Review, Melbourne Maddocks Lawyers December 2005 Report on Public Interest Test for Childcare Centres prepared for Hobsons Bay City Council VCEC (Victorian Competition and Efficiency Commission) 2012, Identifying significant business activities for competitive neutrality: Guidance note, . CN measures The CN policy provides three measures for implementing competitive neutrality — corporatisation, commercialisation, and full cost-reflective pricing. Corporatisation ‘Corporatisation involves the creation of a separate legal business entity to provide the relevant goods and services’ (Government of Victoria 2000, p. 7). The following characteristics of a corporatised entity are described in the CN Policy: clear and non-conflicting objectives; managerial responsibility, authority and autonomy; independent and objective performance monitoring; and performance-based rewards and sanctions. Corporatisation is the preferred way to address CN issues when the government agency operates a business in a market in which it has statutory monopoly functions. Full separation through corporatisation ensures the agency does not face conflicting objectives between its statutory monopoly functions and commercial objectives.