The Australian Competition and Consumer Commission is seeking comment from interested parties in the bulk wheat export industry on Viterra’s application to introduce long term agreements for shipping at its six South Australian wheat port terminals.
Viterra's current capacity allocation system uses an auction as its primary allocation methods, with a first-in-first-served (FIFS) allocation method for capacity not allocated in the auction.
Viterra's initial long term agreement proposal provided the opportunity for third party exporters to Viterra’s ports to seek to negotiate long term access arrangements to Viterra’s wheat port terminals for a period of between two to five years. Viterra also proposed to make available a minimum 500,000 tonnes of capacity per quarter across its ports as short term capacity.
The ACCC commenced public consultation on Viterra's Long Term Agreement proposal on 2 April 2015. The deadline for submissions was 24 April 2015.
The Australian Competition and Consumer Commission is seeking views on whether to reduce regulation at Victorian wheat port terminals under the new mandatory Code on bulk wheat terminal access.
The Code commenced on 30 September 2014 replacing the previous access undertakings regime administered by the ACCC. The Code regulates bulk wheat port terminal operators to ensure that exporters have fair and transparent access to terminal facilities.
The Code allows for regulation to be reduced at ports where appropriate. The ACCC may exempt a port terminal service provider from certain provisions of the Code in relation to a specific port terminal facility.
Addressing the Australian Farm Institute Conference in Melbourne, ACCC Chairman Rod Sims explains how Australian agriculture can benefit from better competition policy. Mr Sims comments on the 'national champions' argument and advocates important changes to collective bargaining. He also calls on the egg industry to review free range claims following a recent Federal Court decision.