Consultation paper
On 13 September 2017, the ACCC issued a consultation paper on ARTC's 2014 Annual Compliance documentation submitted in 31 August 2017.
Rail
Compliance submission
On 31 August 2017, ARTC
Annual compliance assessment 2015
The 2011 Hunter Valley Access Undertaking (2011 HVAU) requires ARTC to submit documentation to the ACCC for the purposes of an annual compliance assessment. Section 4.10 and Schedule G of the 2011 HVAU requires the ACCC to determine whether ARTC has complied with the financial model and pricing principles specified in the undertaking and whether there has been any under or over recovery of revenue from users that needs to be reconciled.
ACCC consents to variation of 2011 Hunter Valley Access Undertaking
The Australian Competition and Consumer Commission has consented to the Australian Rail Track Corporation’s (ARTC’s) application to vary the 2011 Hunter Valley Access Undertaking (HVAU). The 2011 HVAU regulates the rail network that is predominantly used to transport coal from the mines in the Hunter Valley to the Port of Newcastle for export.
The final variation application was submitted by ARTC on 16 June 2017. The current undertaking is due to expire on 30 June 2017.
Decision
On 29 June 2017, the ACCC consented to ARTC's revised variation application.
Revised variation application
On 16 June 2017, ARTC submitted a revised variation application incorporating finalised pricing.
Consultation letter
On 6 June 2017, the ACCC sent a letter to industry seeking comments on ARTC's proposal. Submissions are due by 20 June 2017.
Variation application
On 5 June 2017, ARTC applied to the ACCC to vary its 2011 Hunter Valley Access Undertaking to extend the term of the undertaking to 31 December 2020.
ARTC's application and public versions of its supporting materials are available below.
June 2017 variation of the 2011 Hunter Valley Access Undertaking
On 5 June 2017, ARTC applied to the ACCC to vary its 2011 Hunter Valley Access Undertaking to extend the term of the undertaking by four and a half years to 31 December 2020.
ARTC's application and public versions of its supporting materials are available below.
Application Withdrawn
On 8 May 2017, ARTC withdrew its proposed access undertaking for the Hunter Valley Rail Network from the ACCC's consideration.