From 1 July 2015, the Tasmanian Economic Regulator is no longer responsible for conducting investigations into Metro Tasmania's pricing policies. The review of Metro Tasmania pricing now lies with the Department of State Growth.The investigation below was conducted prior to 1 July 2015, but applies for the regulatory period 1 July 2014 to 30 June 2019.Final Report
The Regulator's Final Report in relation to its investigation into Metro Tasmania's pricing policies was provided to the Treasurer, the Minister for Infrastructure and Metro Tasmania on 30 May 2014 in accordance with the Terms of Reference issued in October 2013.
At the time the Minister for Infrastructure was required to table the report in each House of Parliament within 20 sitting days of receiving the report. In this regard, the report was tabled in Parliament on 26 June 2014. Here is a link to the Final Report
The Regulator released its Draft Report
and media release
in relation to its investigation into Metro Tasmania's pricing policies on 28 March 2014.
The Draft Report took into account Metro's preliminary submission in response to the Terms of Reference and other submissions provided by stakeholders.
The Regulator invited submissions on the items for comment presented in the Draft Report, including any other matter relevant to the Terms of Reference. Submissions closed at 5:00pm on Friday 2 May 2014.
The Regulator received submissions from the following parties:
DIER Submission Metro Pricing May 2014 (482Kb)Preliminary submission
Metro Tasmania (Metro) has lodged its preliminary submission
The Regulator invited submissions on matters raised in Metro's preliminary submission and the issues listed in the Terms of Reference.
Submissions closed on Friday 31 January 2014.
The Regulator received one submission. Anonymous Submission Metro Pricing January 2014 (73Kb)Request and Terms of Reference
On 28 October 2013, the Minister for Finance sent a Request and Terms of Reference
requesting the Regulator to conduct an investigation into Metro's pricing policies and to recommend maximum fares for the next five years.
As required at the time the Minister for Finance obtained the agreement of the Minister administering the Metro Tasmania Act 1997
, the Minister for Sustainable Transport.
The Regulator took a similar approach to that adopted by the Government Prices Oversight Commission in previous Metro investigations. This included receiving and analysing a preliminary submission from Metro, inviting comments on that submission, releasing a draft report for comment and then a final report having considered submissions made on the draft report. Timetable for the investigation
The indicative timetable for the investigation was as follows.
|January 2014||Receive and publish Metro's preliminary submission and invite comments|
|March 2014||Release draft report and request comments|
|April 2014||Submissions due on draft report|
|May 2014||Release final report|