GAWB price monitoring 2025–30

Status
In progress

On 23 May 2024, the QCA received an amending referral notice from the Queensland Government to undertake a price monitoring investigation into Gladstone Area Water Board (GAWB) for the pricing period from 1 July 2025 to 30 June 2030. The amending referral notice is available below along with the initial referral notice issued to us on 14 December 2023.

The amending referral excludes consideration of the Fitzroy to Gladstone Pipeline from the price monitoring investigation so that the impacts associated with it can be considered with greater precision in a subsequent QCA investigation closer to the commissioning of the project, which is expected in 2026.

On 31 May 2024, GAWB provided its initial submission setting out its proposed prices for the 2025-30 price monitoring period. GAWB’s submission and supporting documentation are available below.

Our price monitoring investigation has commenced and will consider a range of matters, including the appropriate prices for the period that provide GAWB sufficient revenue to recover its prudent and efficient costs.

We are now seeking initial stakeholder submissions in response to GAWB’s submission by 31 July 2024. Key steps are outlined below.

StepDate
GAWB’s submission dueBy 31 May 2024
Submissions from stakeholders dueBy 31 July 2024
Draft report provided to governmentBy 29 November 2024
Draft report published Early December 2024
Submissions on the draft report dueBy 16 February 2025
Final report provided to governmentBy 30 April 2025
Final report publishedEarly May 2025
Mid-term reportBy 31 October 2028

We have published our notice of investigation and a guidance notice to provide information to interested parties. We encourage interested parties to subscribe for email updates on this project here.

Documents

Title Document
31 May 2024 Submission GAWB 2025 Regulatory Submission Final Public pdf, 2.36 Mb
31 May 2024 Submission Attachment 1 – Referral and Directions Notice (23 May 2024) pdf, 4.08 Mb
31 May 2024 Submission Attachment 2 – Real Price Escalators – Frontier Economics (23 May 2024) pdf, 648.98 Kb
31 May 2024 Submission Attachment 3 – GAWB Productivity Growth Rate – Frontier Economics (May 2024) pdf, 728.22 Kb
31 May 2024 Submission Attachment 4 – GAWB’s WACC Report – Synergies (May 2024) pdf, 574.79 Kb
31 May 2024 Submission Attachment 5 – Insurance Pricing Report – Marsh (16 May 2024) pdf, 899.59 Kb
Title Document
23 May 2024 Minister’s direction Amending referral notice – GAWB pdf, 177.55 Kb
23 May 2024 Other documents Ministerial correspondence – Amending referral notice pdf, 989.12 Kb
14 December 2023 Minister’s direction Initial referral notice – GAWB pdf, 2.46 Mb
21 December 2023 Notice GAWB – Notice of investigation pdf, 106.25 Kb
21 December 2023 Notice GAWB – Guidance notice pdf, 129.67 Kb