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The pricing principles of the NSW Rail Access Undertaking include a floor test which sets a minimum access price based on the “direct cost” of access.  This direct cost is the infrastructure provider’s cost that would be avoided if one train

One of the earliest available estimates of direct cost was provided by the Queensland Competition Authority in 2000 as part of its review of the first Queensland Rail access undertaking.  This working paper is from the QCA web site:

The Transport Asset Holding Entity (TAHE) has submitted its draft policy for managing its under and over account for IPART’s consideration.

Final Report to the Minister – Sydney Water’s 2023 audit is the 4th audit against its 2019-2024 operating licence

Submission - Department of Planning & Environment - Deputy Secretary Water

Submission - Fire & Rescue NSW

The regression results reported in the information paper were generated using this spreadsheet model.  The underlying data is from public sources (ACCC and QCA).

Terms of Reference

The cost-benefit analysis report on the draft licence steps out our analysis on our proposed draft licence conditions.

The draft reporting manual outlines our proposed reporting obligations for WaterNSW.

The information paper summarises our proposed key changes to the reporting manual and provides context around any new proposed licence obligations as a result of our reporting manual review

IPART is reviewing two elements of the pricing principles in the NSW Rail Access Undertaking:

Remaining mine life
Rate of return.

We keep a list of approved auditors to ensure all WIC Act licensees have access to appropriate auditors. Licensees may select suitably qualified individuals from the list of approved auditors to undertake audits.

This Fact Sheet provides further information about our draft Terms of Reference consultation.