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The NSW Government asked IPART to conduct a review into bulk water charges to be completed by 15 August 2012. The full terms of reference is available from IPART’s website (www.ipart.nsw.gov.au).

The Independent Pricing and Regulatory Tribunal (IPART) is responsible for setting the rate peg each year. For 2013/14, we have set the rate peg at 3.4%.

The standard retailers have proposed increases in regulated retail gas prices to take effect from 1 July 2012.

The Independent Pricing and Regulatory Tribunal (IPART) has set the Rate Peg for 2014/15 at 2.3%. The rate peg determines the maximum allowable percentage increase in general income (mainly rates income) for most local councils in NSW.