Rail

  • The ACCC assesses undertaking applications from rail providers. Applications are to give other parties access to their rail track infrastructure.
  • There are currently 2 voluntary access undertakings in place for rail infrastructure. One is for the Interstate rail network and one is for the Hunter Valley rail network in New South Wales.
  • We carry out a compliance process each year on the Hunter Valley rail network to assess the recovery of revenue.

Projects

Title Type Status
Hunter Valley rail network annual compliance assessment 2019 and 2020 Compliance assessment Finalised
16 December 2022

ARTC submitted its annual compliance documentation for calendar years 2019 and 2020 to the ACCC for assessment on 26 November 2021.

Timing of a new Interstate Access Undertaking Update Finalised
19 December 2022

On 10 October 2022 the ACCC sent a letter to ARTC regarding the potential timing of assessing a replacement undertaking.  On 19 December 2022 ARTC provided a letter to stakeholders outlining its intent to submit a new 2023 IAU and a further extension of the 2008 IAU in early 2023.

The regulatory framework for ARTC's Interstate network Review Finalised
25 August 2021

The ACCC is reviewing the regulatory framework for ARTC's Interstate network.

Hunter Valley rail network annual compliance assessment 2021 Compliance assessment Ongoing

ARTC has provided its indicative Constrained Coal Customer Unders and Overs Estimate and True-Up Test Audit report for 2021, ahead of its formal annual compliance submission (expected in late 2022).

DORC valuation of the Interstate network Update Finalised
21 October 2021

On 23 April 2020, the ACCC engaged GHD to conduct a Depreciated Optimised Replacement Cost (DORC) valuation of ARTC's Interstate network to determine the Regulated Asset Base (RAB).

Hunter Valley rail network annual compliance assessment 2018 Compliance assessment Finalised
10 August 2021

On 10 August 2021, the ACCC released a final determination for the period 1 January to 31 December 2018. The ACCC's final determination is that ARTC's revised submission from 17 June 2021 is in accordance with all requirements under the HVAU. The submitted true-up test audit is also in accordance with HVAU requirements.

Extension of the 2008 Interstate Access Undertaking (to 30 June 2023) Access variation Accepted
15 June 2021

On 23 April 2021, ARTC submitted an application to extend the term of its 2008 Interstate Access Undertaking to 30 June 2023.

March 2021 variation of the 2011 Hunter Valley Coal Network Access Undertaking Access variation Finalised
2 June 2021

On 30 March 2021, the Australian Rail Track Corporation (ARTC) submitted a new variation application for the current Hunter Valley Coal Network Access Undertaking. The ACCC published its Final Decision to consent to ARTC's 30 March variation application on 2 June 2021.

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