The NSW Rail Access Undertaking requires IPART to review the rate of return that applies to all networks, and estimate the remaining mine life that is used to set depreciation for the Hunter Valley Coal Network, every five years.
Along with the other elements included in the pricing principles (such as the regulatory asset base, capital expenditure and maintenance costs) the rate of return and remaining mine life are used in determining an allowable range for rail access prices.
The NSW Rail Access Undertaking covers all, or part of, the following rail networks
- Hunter Valley Coal Network
- Non-Hunter Valley Coal Network
- Country Regional Network
- Sydney Metropolitan Freight Network.
Our current decision applies from 1 July 2019 to 30 June 2024.