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.
The 2017 access undertaking requires Aurizon Network to submit a revenue adjustment application to us every year.
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 invite submissions from stakeholders on this proposal. Comments are due on 31 October 2019.
|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 due|