Electricity prices
Under the Electricity Retail Code, an electricity price cap and 'reference price' help keep prices down and provide a benchmark for you to compare offers.
Energy
Further transparency recommendations
In December 2018 the ACCC and Gas Market Reform Group (GMRG) jointly reported to the Council of Australian Governments (COAG) Energy Council on measures to improve transparency in the gas market. That report indicated that the ACCC would provide further transparency advice in the first half of 2019.
GitHub API consultation
The ACCC has opened consultation on the technical design of the CDR Register using GitHub, an online community of developers.
East coast gas prices need to follow export prices down
High gas prices remain a critical issue for domestic gas users and could see more businesses move or close in the east coast, according to the Gas Inquiry 2017‑20 Interim Report released by the ACCC today.
The report shows that most commercial and industrial Australian gas users will pay more than $9/GJ for gas this year, and some more than $11/GJ.
State of the east coast gas industry
ACCC Chair Rod Sims delivers an address to 2019 APPEA Oil and Gas Conference in Brisbane. Mr Sims discusses the state of the east coast gas market, gas prices and regulation in this sector.
April 2019 interim report
On 30 May 2019, the ACCC released its sixth interim report as part of its inquiry into Australia’s gas supply arrangements. The report continues the ACCC's focus on the operation of the East Coast Gas Market, where there are immediate and longer-term concerns.
APLNG’s acquisition of Origin’s Ironbark project not opposed
The ACCC will not oppose Australia Pacific LNG’s (APLNG) proposed acquisition of the Ironbark coal seam gas project from Origin Energy (Origin).
APLNG is a large gas producer with significant gas tenements in eastern Australia. It supplies almost 30 per cent of the gas going into the east coast market, and processes the balance of its gas for export at its LNG facility near Gladstone, Queensland.
Delivering quality infrastructure
Effective economic regulation essential to ensuring sustainable investment in infrastructure
iSelect in court for alleged misleading conduct and claims about energy plan comparisons
The ACCC has instituted proceedings in the Federal Court against iSelect Limited, for misleading or deceptive conduct and false or misleading representations in relation to its energy plan comparison service.
The ACCC alleges that since at least November 2016, iSelect has claimed consumers using its website would benefit from iSelect comparing all plans available from its partner retailers in a specific location. During this period, iSelect also claimed that it would recommend the most competitive plan to consumers.
CDR draft rules (banking)
The draft rules for the CDR cover many issues central to the implementation of CDR in banking. They will allow potential participants in the CDR system to continue their planning with the benefit of some greater guidance.