The Premier and the Treasurer referred the water supply activities of ten south east Queensland local governments to us for a price monitoring investigation.
The direction applied to the year starting 1 July 2009 and required us to report on:
- the extent to which increases in retail water prices were attributed by the local governments to increases in bulk water grid costs and other costs in a statement of reasons provided by the local government
- whether the increases in bulk water grid costs and other costs were supported by local government budget or other official, legal or commercial documentation and official media statements and releases
- whether these attributed increases in retail prices go beyond those required to recover the increase in bulk water grid costs advised by the government, and other costs.
We released a final report for each of the 10 local government in south east Queensland on 30 October 2009.