In effect
The QCA Act requires Queensland Rail to submit financial information on its regulatory accounts for the declared parts of its business (‘below-rail financial statements’). The costing manual sets out how Queensland Rail will prepare the annual below-rail financial statements for its regulated services.
Costing manual 2020–21
The QCA approved Queensland Rail’s costing manual on 22 October. The costing manual guides the preparation of its regulatory financial statements.
Queensland Rail sought to reflect changes in its operating environment and the move to a new undertaking (AU2), and simplify the language and the complexity of the document.
Details of Queensland Rail’s proposal, the submission we received and our decision are below.
Date | Action |
20 August 2020 | Proposed amendments submitted by Queensland Rail |
21 September 2020 | Submissions closed |
22 October 2020 | The QCA approved the costing manual |
Report and papers
|
Title | Document | |
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22 October 2020 | Final report | QCA – costing manual 2020-21 letter and decision | pdf, 236.96 Kb |
22 October 2020 | Submission | Queensland Rail – costing manual 2020-21 clean for publication | pdf, 846.11 Kb |
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Title | Document | |
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21 September 2020 | Submission | Pacific National submission – Queensland Rails 2020 proposed costing manual – Sep 20 | pdf, 116.65 Kb |
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Title | Document | |
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31 August 2020 | Submission | Queensland Rail – Costing Manual 2020-21 letter and submission | pdf, 1.19 Mb |
31 August 2020 | Submission | Queensland Rail – draft costing manual 2020 – markedup | pdf, 1.11 Mb |
31 August 2020 | Submission | Queensland Rail – draft costing manual 2020 – clean | pdf, 873.42 Kb |
Costing manual 2019–20
Queensland Rail’s costing manual guides the preparation of its regulatory financial statements.
On 25 March 2020, Queensland Rail submitted proposed amendments to us for approval, which consisted of minor changes to the standard allocators to be applied for 2019–20. We approved the amendments to the costing manual on 23 April 2020.
Our decision is available below.
24 March 2020 | Queensland Rail submitted a proposed amendment to the costing manual |
23 April 2020 | The QCA approved the amendment |
Report and papers
|
Title | Document | |
---|---|---|---|
23 April 2020 | Final report | Queensland Rail 2019-20 cost allocation manual – Letter to QR | pdf, 462.48 Kb |
Costing manual 2018–19
Queensland Rail’s costing manual guides the preparation of its regulatory financial statements.
On 25 January 2019, Queensland Rail submitted proposed amendments to us for approval, which consisted of minor changes to the standard allocators to be applied for 2018–19. We approved the amendments to the costing manual on 14 February 2019.
Our decision is available below.
Date | Action |
25 January 2019 | Queensland Rail submitted a proposed amendment to the costing manual |
14 February 2019 | The QCA approved the amendment |
Report and papers
|
Title | Document | |
---|---|---|---|
14 February 2019 | Other documents | QCA letter – QR costing manual amendment | pdf, 192.02 Kb |
Costing manual 2017–18
Queensland Rail’s cost allocation manual guides the preparation of its regulatory financial statements.
On 27 February 2018, Queensland Rail submitted proposed amendments to us for approval, setting out minor changes to the standard allocators to be applied for 2017–18. We approved the amendments to the cost allocation manual on 23 May 2018.
Our decision is available below.
Date | Action |
19 June 2017 | The QCA approved Queensland Rail’s cost allocation manual |
27 February 2018 | Queensland Rail submitted a proposed amendment |
23 May 2018 | The QCA approved the amendments |
Report and papers
|
Title | Document | |
---|---|---|---|
23 May 2018 | Final report | QCA – QR cost allocation manual amendment | pdf, 203.98 Kb |
Costing manual 2016–17
On 19 June 2017, we released our final decision to refuse to accept Queensland Rail’s proposed 2016 cost allocation manual. We received three submissions on its draft decision, from Queensland Rail, New Hope Group, and Pacific National. We also released the cost allocation manual that we prepared for use by Queensland Rail.
These documents are available below.
Queensland Rail’s draft cost allocation manual
The cost allocation manual, as approved by the QCA, would be used by Queensland Rail to prepare its regulatory financial statements for 2016—17, and potentially for subsequent years until the manual is further revised.
Regulatory process
22 July 2016—The QCA made a request to Queensland Rail to prepare a revised cost allocation manual by 21 September 2016.
18 August 2016—Queensland Rail requested an extension to 31 December 2016 to submit its cost allocation manual to the QCA.
9 September 2016—The QCA granted Queensland Rail an extension to 23 December 2016.
22 December 2016—Queensland Rail submitted its proposed cost allocation manual for the QCA’s consideration under section 159 of the QCA Act.
17 February 2017—The period closed for lodging submissions on Queensland Rail’s proposed cost allocation manual. The QCA received two submissions—from New Hope Group and Pacific National.
10 April 2017—The QCA released its draft decision to refuse to approve Queensland Rail’s proposed cost allocation manual.
10 May 2017—The period closed for lodging submissions on the QCA’s draft decision. The QCA received three submissions—from Queensland Rail, New Hope Group, and Pacific National.
19 June 2017—The QCA released its final decision on Queensland Rail’s proposed cost allocation manual.
Report and papers
|
Title | Document | |
---|---|---|---|
16 June 2017 | Final report | QCA letter – QR 2016 cost allocation manual final decision | pdf, 1.12 Mb |
16 June 2017 | Final report | QCA – QR Cost Allocation Manual | pdf, 1.10 Mb |
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Title | Document | |
---|---|---|---|
07 April 2017 | Other documents | QCA – QR 2016 cost allocation manual draft decision | pdf, 762.52 Kb |
07 April 2017 | Other documents | QCA – QR 2016 proposed cost allocation manual – markup | pdf, 1.28 Mb |
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Title | Document | |
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04 January 2017 | Submission | Queensland Rail – Letter and Draft Costing Manual | pdf, 1.87 Mb |
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Title | Document | |
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12 September 2016 | Other documents | QCA letter – approval of extension of time for Queensland Rail costing manual | pdf, 178.97 Kb |
12 September 2016 | Submission | Queensland Rail – request for extension of time | pdf, 834.44 Kb |
12 September 2016 | Other documents | QCA letter – Queensland Rail costing manual | pdf, 200.50 Kb |
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Title | Document | |
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10 May 2017 | Submission | Queensland Rail – Submission on QCA draft decision – costing manual | pdf, 3.22 Mb |
10 May 2017 | Submission | New Hope Group – Submission on QCA draft decision | pdf, 346.64 Kb |
10 May 2017 | Submission | Pacific National – Submission on QCA draft decision | pdf, 130.69 Kb |
13 February 2017 | Submission | New Hope Group – Submission on QR’s proposed 2016 cost allocation manual | pdf, 358.47 Kb |
17 February 2017 | Submission | Pacific National – Submission on QR’s proposed 2016 cost allocation manual | pdf, 151.47 Kb |
Costing manual 2012–13
On 24 April 2013, we released our final decision to accept Queensland Rail’s proposed 2013 cost allocation manual.
Report and papers
|
Title | Document | |
---|---|---|---|
24 April 2013 | Submission | Queensland Rail Costing Manual 2013 | pdf, 306.74 Kb |
Costing manual 2010–12
We approved amendments in March 2012 to the costing manual of Queensland Rail Ltd (QRail) that QRail proposed to reflect its separation from QR National Limited.
This approval applied to both the 2010–11 and 2011–12 regulatory accounts.
Report and papers
|
Title | Document | |
---|---|---|---|
15 March 2012 | Final report | Final Decision on 2010-11 QRail Costing Manual | pdf, 93.47 Kb |
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Title | Document | |
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15 December 2011 | Submission | Submission letter for costing manual | pdf, 48.32 Kb |
15 December 2011 | Submission | Proposed Costing Manual | pdf, 305.07 Kb |
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Title | Document | |
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15 February 2012 | Submission | QR National | pdf, 913.81 Kb |
15 February 2012 | Submission | Asciano | pdf, 53.14 Kb |
Costing manual 2009–10
On 21 April 2011, we approved the proposed changes to the costing manual as they were consistent with the QCA Act and provided for an appropriate regulatory financial report by QRail, given the unusual circumstances of the 2009–10 financial year.
On 15 April 2011, Queensland Rail Ltd (QRail) wrote to the QCA proposing amendments to its costing manual.
The amendments were designed to allow QRail to finalise its regulatory financial reports for the 2009–10 financial year, given the circumstances where QRail did not trade during that year, as the business did not exist as a separate entity until the final minutes of June 2010.
Report and papers
|
Title | Document | |
---|---|---|---|
15 April 2011 | Final report | Final Decision on 2009-10 Costing Manual | pdf, 41.77 Kb |
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Title | Document | |
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15 April 2011 | Submission | Markup of changes to Costing Manual | pdf, 183.84 Kb |
15 April 2011 | Submission | Submission letter to the QCA | pdf, 105.74 Kb |