Month: October 2015

Draft Pricing Order for Port of Melbourne

The Senate Committee examining the proposed Port of Melbourne sale has published the Victorian Government’s Draft Pricing Order. This confirms that the regime that will apply to the Port of Melbourne will be the most intrusive price monitoring regime currently applying to any Australian port, including application of the building blocks approach.

Artwork and antiques: “priceless” but not price-less

The past few years have seen many governments confront public debt crises. In light of this, creditors have started suggesting unconventional methods of funding these growing debts, one of which is selling off priceless national treasures. But how can one sell something that is “priceless”? After all, if interpreted literally, there is no price, so […]

Port of Darwin privatisation triggers new regulatory regime

On 15 October 2015, the Northern Territory (NT) Government announced the successful bidder for the Port of Darwin – Landbridge Group, based in the People’s Republic of China. The deal is $508 million for an 80% stake in the port, which places the full port value at approximately $630, eclipsing analysts’ estimates of a sale […]

QCA Draft Decision: Queensland Rail Draft Access Undertaking

On 8 October 2015, the QCA released its draft decision on Queensland Rail’s (QR’s) most recent draft access undertaking proposal (DAU).  This is QR’s first access undertaking since its separation from Aurizon in 2010, and has had a protracted and contentious development process, with QR submitting its first DAU in March 2012 for an intended […]