Economic regulation of the Australia water sector: past, present and future
About this report
Formal economic regulation of urban water supply has been in place in some states for many years now; in others it is yet to commence. This paper considers how economic regulation has performed to date, compares and contrasts the different arrangements in place across different states, and discusses potential future arrangements.
The past: the paper reviews the different regulatory arrangements in the urban water sector across the various states. It compares and contrasts the organisations and parts of the sector that are regulated, and the various instruments and regulatory approaches adopted. Given this background, the paper also considers empirical evidence on how the urban sector has performed in the various jurisdictions.
The paper also concludes whether the evidence suggests that various types of regulatory oversight led to better or worse outcomes for industry and customers. Given the conclusions from looking back, the paper considers and recommends regulatory options going forward.
Deloitte Economics Director, Paul Liggins, presented a paper on this issue at the Australian Water Association’s annual 2010 conference.
To read in full download Economic regulation of the Australia water sector below.