Ir­ri­ga­tion pric­ing to be re­viewed

The Northern Star - Northern New South Wales Rural Weekly - - PAID CONTENT -

QUEENS­LAND’S ir­ri­ga­tion pric­ing is to be re­viewed by the in­de­pen­dent eco­nomic reg­u­la­tor, the Queens­land Com­pe­ti­tion Author­ity.

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

“The 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.

“The QCA will be re­quired to limit an­nual price in­creases sim­i­lar to pre­vi­ous re­views. I en­cour­age all SunWater and Se­qwa­ter ir­ri­ga­tion cus­tomers to get in­volved in the QCA con­sul­ta­tion process.”

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

Visit www.qca.org.au for more in­for­ma­tion.

PHOTO: FILE

TRANS­PARENCY: A com­pre­hen­sive study will look into the price of ir­ri­ga­tion.

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