Port of Melbourne compliance with pricing regulations

Each year, the Port of Melbourne must submit a tariff compliance statement to us. The port’s statements outline how it has demonstrated compliance with a pricing order (legislation that regulates how the port sets its prices). Every five years we are required to assess whether there has been any significant and sustained non-compliance with the pricing order.

Outside of these five-yearly reviews, we provide interim commentaries on the port's compliance statements in order to provide guidance to the port, as well as identify important issues to other stakeholders. Our commentaries are not an assessment of the port’s compliance with the pricing order, nor do they provide findings on whether any non-compliance was significant and sustained.

We are considering material the port recently submitted to us

On 31 May 2018 the port submitted its tariff compliance statement for prices that apply from 1 July 2018. It also submitted a range of supporting information including its regulatory model and expert report on the rate of return. We are currently considering this material and will publish our commentary later this year.