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 16 August 2024. Key steps are outlined below.
Step | Date |
GAWB’s submission due | By 31 May 2024 |
Submissions from stakeholders due (extended from 31 July 2024) | By 16 August 2024 |
Draft report provided to government | By 29 November 2024 |
Draft report published | Early December 2024 |
Submissions on the draft report due | By 16 February 2025 |
Final report provided to government | By 30 April 2025 |
Final report published | Early May 2025 |
Mid-term report | By 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
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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 |
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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 |