The NSW Labor government and the competition watchdog will use artificial intelligence to process massive amounts of data relating to contracts for public projects in a bid to identify suspicious patterns of collusion between companies bidding for lucrative tenders.

The Minns government and the Australian Competition and Consumer Commission will form a new partnership to stamp out illegal “bid-rigging”, by which companies collude to raise prices on government contracts.

NSW Treasurer Daniel Mookhey says a new partnership with the ACCC will help stop bid-rigging. Credit: Sitthixay Ditthavong

The new partnership, to be announced on Monday, is a direct outcome of discussions at the Commonwealth treasurer’s Economic Reform Roundtable last month.

NSW will use AI to analyse the huge amou

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