The ACCC provided its advice to the Murray-Darling Basin Authority (MDBA) on 10 October 2016. The MDBA publicly released this advice on 22 November 2016.
On 18 August 2016 the Murray-Darling Basin Authority (MDBA) requested the ACCC’s advice on possible amendments to the Basin Plan water trading rules, which form Chapter 12 of the Basin Plan 2012 (Cth).
The ACCC provided its final advice to the Minister on 21 September 2016. The Minister publicly released this advice and on 15 November 2016 gave notice of his intention to repeal Part 5 of the Water Charge (Infrastructure) Rules 2010, consistent with the ACCC’s rule advice 5-L.
On 31 January 2017, the Minister made rules to repeal Part 5 of the Water Charge (Infrastructure) Rules 2010. This removed requirements on operators to produce five-yearly Network Service Plans, consultation papers and information statements. The amended rules commenced on 1 July 2017.
The Australian Competition and Consumer Commission is reminding large businesses of a new ban on charging consumers excessive payment surcharges, which commences today.
“The new law limits the amount a large business can charge customers for use of payment methods such as most credit and debit cards. Businesses can only pass on the permitted costs of the payment method such as bank fees and terminal costs,” ACCC Chairman Rod Sims said.