QCA To Review Queensland’s Irrigation Pricing

QCA To Review Queensland’s Irrigation Pricing

Queensland Minister for Natural Resources Anthony Lynham

Irrigation Pricing To Be Reviewed By Independent QCA

Victor P Taffa

Queensland’s irrigation pricing is to be reviewed by the independent economic regulator, the Queensland Competition Authority (QCA).

Minister for Natural Resources Dr. Anthony Lynham said a comprehensive study by the QCA would underpin the irrigation pricing structures for years 2020-24.

“Goal is for irrigators to have greater pricing certainty, simplicity and transparency to allow them to plan for future years.” Dr. Lynham said.

“As part of the review process, extensive consultation will be undertaken with stakeholders and water users to ensure we strike the right balance between the interests of customers and businesses.”

“QCA will be required to limit annual price increases similar to previous reviews.” Dr. Lynham said.

“I encourage all SunWater and Seqwater irrigation customers to get involved in the QCA consultation process.”

“More customers that participate in the process the more informed the Government will be when it is time to consider the QCA recommendations and lock in irrigation prices in 2020.” Dr. Lynham said.

Prices currently in place for 2018-19 will be adjusted for another year in line with past price path arrangements.

State Government will begin its consideration of future prices with the release of the QCA’s draft report in August 2019.