Accounting separation

In June 2003 the Minister for Communications, Information Technology and the Arts directed the ACCC to implement an enhanced form of accounting separation of Telstra’s wholesale and retail accounts. The ministerial direction, issued under Division 6 of Part XIB of the Trade Practices Act 1974 (now the Competition and Consumer Act 2010), built on the regulatory accounting framework.


Accounting separation reports
Current cost accounting, imputation testing, non-price terms and conditions reports.

Accounting separation record-keeping rules
Revised RKRs—CCA, imputation testing, NPTC (September 2004); draft revised RKRs.

Consultation on the accounting separation regime
Consultation on subsequent reports—CCA, imputation testing; consultation on initial reports—KPIs.