This document sets out preliminary views of Sydney Water’s access undertaking for its water network services. The undertaking is high quality. However we have some concerns. Appendix B lists recommended amendments. Submissions are welcomed.
Twenty years ago the Greiner Government established the first independent economic price regulator in Australia. Perhaps the boldness of that step is not fully appreciated.
The Independent Pricing and Regulatory Tribunal (IPART) has set the rate peg for 2013/14 at 3.4%. The rate peg determines the maximum allowable percentage increase in general income for most local councils in NSW.
