ACCC releases issues paper for bulk water charge rules

The Australian Competition and Consumer Commission today released its issues paper seeking submissions on the development of water charge rules for bulk water suppliers.

The water charge rules are an important component of the new Water Act 2007. The development of water charge rules will contribute to the sustainable and efficient management of water resources and infrastructure in the Murray-Darling Basin. 

"Water charge rules applied consistently across the Basin will benefit water users," ACCC Chairman, Mr Graeme Samuel, said.  "Bulk water charges that are cost-based and transparent will promote efficient investment in water infrastructure assets and facilitate the efficient functioning of water markets."

A copy of the issues paper, which includes details on how to make a submission, is available from the ACCC website, www.accc.gov.au.

Submissions must be provided to the ACCC by 5 p.m. on Friday, 18 August 2008.

There will be further opportunity to inform the ACCC's development of the bulk water charge rules prior to preparation of final advice to the Minister. Specifically, the ACCC proposes to prepare draft rules to be released in the second half of 2008 for further consultation.