The ACCC has released its draft advice on water infrastructure charge rules and is now seeking submissions. This draft advice presents the ACCC’s proposed water charge rules for irrigation infrastructure operators and bulk water operators within the Murray–Darling Basin.
Consistent with Part 4 of the Water Act 2007, the Minister for Climate Change and Water, Senator Penny Wong, has written to the ACCC requesting advice on the water charge rules.
Water charge rules applied consistently across the Murray–Darling Basin will facilitate the efficient functioning of water markets by removing distortions to trade and by sending signals to water users about efficient investment in water infrastructure assets. Water charges based on the full cost recovery for water services will contribute to achieving an economically efficient and sustainable use of water resources and water infrastructure assets.
The ACCC asks that submissions on the draft advice be provided no later than Friday, 8 May 2009.
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