This will be our first inquiry to assess the use of power in setting and reviewing land rents at the Port of Melbourne. It covers the period 1 November 2016 to 31 October 2019.
Port of Melbourne market rent inquiry 2020
Scope and process paperSeptember 2019
Interim reportMarch 2020
Public forumMarch 2020
Final reportJune 2020
This is our first inquiry to assess the possible misuse of power in setting and reviewing land rents at the Port of Melbourne. It covers the period 1 November 2016 to 31 October 2019.
We have released an interim report
Our interim report sets out the framework we use to assess the following two questions:
- Does the Port of Melbourne have power in the process for setting and reviewing rents?
- Has the Port of Melbourne used that power in a way to cause material detriment to Victorian consumers?
Our interim view is the Port of Melbourne has power
Our interim view is the Port of Melbourne has power as it faces minimal constraints setting and reviewing rents.
Our interim report sets out stakeholder views from the Port of Melbourne, tenants, and industry groups. We note we are in the process of verifying what stakeholders have told us through a careful review of primary documents. We will present our findings in our final report.
Our interim report also sets out some possible options for economic regulation, if we ultimately find the Port of Melbourne has used power in a way that causes material detriment to Victorian consumers.
View our interim report
Feedback on our interim report closes 16 April
Feedback on our interim report closes on 16 April 2020. You can provide feedback through the Engage Victoria website.
We are holding an online forum at 10 am on Tuesday, 31 March 2020, for stakeholders to meet and share their views. All are welcome to attend.
Register your interest via Eventbrite.
Read more about our role in administering the Port of Melbourne regulatory regime.
In this inquiry, we will consider whether the Port of Melbourne has:
- power in relation to the process for setting and reviewing land rents
- exercised power in a way that causes material detriment to Victorian consumers (a misuse of market power).
If we find there has been a misuse of power, we may make recommendations on possible economic regulation to the Assistant Treasurer.
As part of this inquiry, we will consider the:
- process used to set and review land rents
- Port of Melbourne’s compliance with this process
- extent to which the land rents paid are ultimately passed through to Victorian consumers.
Got a question?
Contact us for more information.