Interim Price Monitoring of SEQ Water and Waste Water Distribution and Retail Activities

The Premier and the Treasurer directed the Authority to recommend the interim price monitoring framework to apply to the South East Queensland (SEQ) water and wastewater distribution and retail activities (the Activities) from July 2010 to no later than 30 June 2013. In particular, the Authority was required to recommend:

1. a form of interim price monitoring, consistent with Part 3 of the QCA Act, including the information requirements, nature and frequency of reporting;
2. the process and criteria to assess capital expenditure for inclusion in the regulated asset base from 1 July 2010; and
3. the commencement date for final regulatory arrangements, being no earlier than 1 July 2012 and no later than 1 July 2013

The Direction required a Final Report by 31 December 2009 on information requirements for 2010/2011, and a Final Report by 30 April 2010 on the price monitoring framework.