NEM financial market resilience: first interim report

Publication date:
9 July 2013
Resource type:
Submission

This submission responds to the Australian Energy Market Commission’s (AEMC) first interim report on National Energy Market (NEM) financial market resilience. The submission addresses the AEMC’s consideration of a special administration regime to replace the Retailer of Last Resort (RoLR) Scheme in circumstances where the financial distress of a large retailer could produce financial risks across the NEM. PIAC requests that the AEMC work with the Australian Energy Regulator (AER) to ensure that the retailer authorisation is revoked where the failure of an energy retailer is dealt with by a special administration regime—rather than a RoLR process.

Share this article

Wins

Towards Truth is a partnership between PIAC and UNSW Indigenous Law Centre.
Former disability discrimination commissioner Graeme Innes settled a dispute over a 'humiliating and distressing' experience.
We secured a settlement for our client Yasir* who alleges he was forced to wear handcuffs to access healthcare.

Keep up to date with our work

Subscribe for updates including media coverage, event invitations and progress stories. You will hear from us about twice a month.