Aurizon Network's revenue adjustment

Status
In effect

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 amount is referred to as a revenue adjustment amount.

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.

 

 

Date Action
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

Title Document
04 November 2020 Submission Aurizon Network – revenue adjustment amounts 2019-20 pdf, 815.23 Kb
Title Document
17 December 2020 QCA – Final Decision 2019-20 Revenue Adjustment Amounts pdf, 399.88 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.

 

Date Action
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

Title Document
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.

2017-18 Revenue adjustment amounts