Biggles_in_Oz
11th Apr 2006, 23:37
from http://www.pc.gov.au/inquiry/airportservices/index.html
The Productivity Commission has been asked by the Australian Government to undertake a
public inquiry, and report within 9 months, on the effectiveness of the current regulatory
regime for the pricing of airport services and to advise on any changes that should be made
to the regime.
A price monitoring regime for airport services was introduced by the Government in 2002 in
line with recommendations made by the Commission in its 2002 report, Price Regulation of
Airport Services (Report no. 19 AusInfo Canberra). Provision was made to conduct a review
of the regime within five years of its introduction.
Specifically, the Commission is to:
• report on whether airport operators have acted in a manner consistent with the
Government’s Review Principles (spelt out in the Terms of Reference), and on the
effectiveness of the current form of price regulation of airport services having regard to
the objectives of:
— promoting the economically efficient operation of airports;
— minimising compliance costs for airport operators and the Government; and
— facilitating commercially negotiated outcomes in airport operations, benchmarking
comparisons between airports and competition in the provision of services within
airports (especially protecting small users and new entrants against discrimination);
• review aeronautical asset revaluation practices and dispute resolution mechanisms at
each of the price monitored airports and advise on improvements that would be
consistent with the Government’s Review Principles;
• identify relevant alternatives to the current arrangements and the extent to which these
alternatives would better achieve the Government’s objectives in privatising the airports
and moving to a light-handed pricing regulatory regime; and
• analyse and, as far as practicable, quantify the benefits, costs and economic and
distributional impacts of the current arrangements and alternatives to them.
I wonder if this'll slow down the owners of Bankstown and Camden ?.
Rwy 18/36 has already gone, and 11R/29L will probably also go once commercial buildings start restricting the view from the tower.
The Productivity Commission has been asked by the Australian Government to undertake a
public inquiry, and report within 9 months, on the effectiveness of the current regulatory
regime for the pricing of airport services and to advise on any changes that should be made
to the regime.
A price monitoring regime for airport services was introduced by the Government in 2002 in
line with recommendations made by the Commission in its 2002 report, Price Regulation of
Airport Services (Report no. 19 AusInfo Canberra). Provision was made to conduct a review
of the regime within five years of its introduction.
Specifically, the Commission is to:
• report on whether airport operators have acted in a manner consistent with the
Government’s Review Principles (spelt out in the Terms of Reference), and on the
effectiveness of the current form of price regulation of airport services having regard to
the objectives of:
— promoting the economically efficient operation of airports;
— minimising compliance costs for airport operators and the Government; and
— facilitating commercially negotiated outcomes in airport operations, benchmarking
comparisons between airports and competition in the provision of services within
airports (especially protecting small users and new entrants against discrimination);
• review aeronautical asset revaluation practices and dispute resolution mechanisms at
each of the price monitored airports and advise on improvements that would be
consistent with the Government’s Review Principles;
• identify relevant alternatives to the current arrangements and the extent to which these
alternatives would better achieve the Government’s objectives in privatising the airports
and moving to a light-handed pricing regulatory regime; and
• analyse and, as far as practicable, quantify the benefits, costs and economic and
distributional impacts of the current arrangements and alternatives to them.
I wonder if this'll slow down the owners of Bankstown and Camden ?.
Rwy 18/36 has already gone, and 11R/29L will probably also go once commercial buildings start restricting the view from the tower.