PIAC responded to the Independent Pricing and Regulatory Tribunal’s (IPART) Hunter Water Operating Licence Review: Issues Paper.
PIAC broadly agreed with IPART’s preliminary positions and highlighted the need for a greater focus on the long-term interests of consumers and the community as a priority.
We made a number of recommendations regarding effective risk management, a long-term focus on the provision of sustainable and affordable services that meet community needs, and amendments to the objective of the Licence to better reflect current role of water businesses in managing long term risks for the community.