Aurizon Network operates under a revenue cap regime, where any over- or under-recovery of its approved revenues in any given year is returned (recouped) through a reference tariff adjustment two years later. The adjustment is referred to as a revenue adjustment amount.
Revenue adjustment amounts 2021–22
Aurizon Network submitted its revenue adjustment application for 2021–22 on 4 November 2022.
On 15 December 2022, we released a decision notice for Aurizon Network to resubmit its 2021-22 revenue adjustment proposal. Aurizon Network resubmitted this proposal on 20 January 2023.
The revenue adjustment proposal seeks a net recovery from access holders of $35.8 million for 2021–22 which will adjust the second year (2023–24) central Queensland coal network’s allowable revenues and the system reference tariffs.
We approved Aurizon Network’s revised application on 23 March 2023. All materials relevant to this decision are available below.
|4 November 2022||Aurizon Network submitted its 2021–22 revenue adjustment proposal|
|7 November 2022||We published Aurizon Network’s proposal and invited stakeholder submissions|
|5 December 2022||Submissions closed.|
|15 December 2022||Decision notice for Aurizon Network to resubmit.|
|20 January 2023||Date extension for resubmission.|
|23 March 2023||QCA final decision.|
Report and papers
|23 March 2023||Final report||QCA – resubmitted 2021-22 revenue adjustment amounts – letter and final decision notice Mar 2023||pdf, 447.72 Kb|
|16 January 2023||Notice||QCA – letter extension to resubmit granted to Aurizon Network – 2021-22 revenue adjustment amounts||pdf, 172.83 Kb|
|20 December 2022||Draft report||QCA – 2021-22 revenue adjustment amounts – letter and decision notice||pdf, 452.70 Kb|
|20 December 2022||Submission||QRC – 2021-22 revenue adjustment amounts submission dec 2022 redacted||pdf, 173.26 Kb|
|20 January 2023||Submission||Aurizon Network – revenue adjustment amounts 2021-22 amended submission final Jan 2023||pdf, 925.28 Kb|
|04 November 2022||Submission||Aurizon Network – revenue adjustment amounts 2021-22 submission Nov 2022||pdf, 910.56 Kb|
Revenue adjustment amounts 2020–21
On 16 December 2021, we approved Aurizon Network’s 2020-21 revenue adjustment amounts, submitted on 28 October 2021. The revenue adjustment is a net return of $17.7 million to the Central Queensland coal network.
Our decision and Aurizon Network’s application is now available for download below.
|28 October 2021||Aurizon Network submitted its 2020–21 revenue adjustment proposal|
|3 November 2021||We published Aurizon Network’s proposal and invited stakeholder submissions|
|25 November 2021||Submissions closed|
|16 December 2021||We approved and published our decision|
Report and papers
|16 December 2021||Final report||QCA – 2020-21 revenue adjustment amounts Aurizon Network – letter and decision (FINAL).pdf||pdf, 406.62 Kb|
|28 October 2021||Submission||Aurizon Network – 2020-21 revenue adjustment amounts||pdf, 1.37 Mb|
Revenue adjustment amounts 2019–20
On 30 October 2020, Aurizon Network submitted revenue adjustment amounts for 2019–20 on the Central Queensland coal network, proposing a net recovery from access holders of $3.0 million.
Stakeholders were invited to make submissions on this proposal.
Submissions closed on 3 December 2020. No submissions were received.
On 17 December 2020, we made a final decision to approve the 2019-20 revenue adjustment application.
|30 October 2020||Aurizon Network submitted its 2019–20 revenue adjustment proposal|
|4 November 2020||We published Aurizon Network’s proposal and invited stakeholder submissions|
|3 December 2020||Stakeholders’ submissions closed. No submissions received.|
|17 December 2020||Final decision|
Report and papers
|17 December 2020||Final report||QCA – Final Decision 2019-20 Revenue Adjustment Amounts||pdf, 399.88 Kb|
|04 November 2020||Submission||Aurizon Network – revenue adjustment amounts 2019-20||pdf, 815.23 Kb|
Revenue adjustment amounts 2018–19
On 27 September 2019, Aurizon Network submitted revenue adjustment amounts for 2018–19 to us, proposing a net return to access holders of $11.9 million.
We invited submissions from stakeholders on this proposal, due on 31 October 2019. No comments were received.
On 25 November 2019, we made a final decision to approve the 2018-19 revenue adjustment application.
Details of this decision and Aurizon Network’s submission are available below.
|27 September 2019||Aurizon Network submitted its 2018–19 revenue adjustment proposal|
|3 October 2019||We published Aurizon Network’s proposal and invited stakeholder submissions|
|31 October 2019||Stakeholders’ submissions closed. No submissions received.|
|25 November 2019||Final decision|
Report and papers
|26 November 2019||Final report||QCA – Final Decision 2018-19 Revenue Adjustment Amounts||pdf, 2.16 Mb|
|03 October 2019||Submission||Aurizon Network – 2018-19 Revenue Adjustment Amount submission||pdf, 1.29 Mb|
Revenue adjustment amounts 2017–18
We applied the 2016 access undertaking process (UT4) in assessing this submission in accordance with the transitional provisions. The 2017 access undertaking (UT5) came into effect on 21 February 2019.