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Legislative Assembly for the ACT: 2016 Week 6 Hansard (9 June) . .

Page.. 2001..

The Assembly voted—

Ayes 8: Mr Barr Ms Berry Dr Bourke Mr Corbell Ms Fitzharris Mr Gentleman Mr Hinder Mr Rattenbury

Noes 7: Mr Doszpot Mrs Dunne Mr Hanson Mrs Jones Ms Lawder Mr Smyth Mr Wall

Question so resolved in the affirmative.

Clause 46 agreed to.

Remainder of bill, by leave, taken as a whole and agreed to.

Bill agreed to.

Independent Competition and Regulatory Commission Amendment Bill 2016

Debate resumed from 5 May 2016, on motion by Mr Barr:

That this bill be agreed to in principle.

MR SMYTH (Brindabella) (8.13): The Canberra Liberals will be supporting this bill. The bill amends the ICRC Act 1997 to further prescribe the relationship between the commission and the industries that it regulates. There are five major issues that redefine or clarify the pricing investigation requirements. We all remember the kerfuffle when they were not defined and the commission, when attacked, then produced a five-year path which some objected to. This, I assume, makes sure that does not happen again.

It enables an individual consumer or a group of individuals to seek review of the commission's price direction. It prescribes the grounds for review application. It redefines the role of the industry panels in reviewing pricing directions and specifies cost sharing as well as clarifying requirements on consultation for certain ministerial appointments, all of which seems reasonable. We will support the bill.

MR RATTENBURY (Molonglo) (8.14): The Greens will be supporting this bill today. It comes from a process established after a rather contentious decision that was made by the ICRC on water pricing some years back. This precipitated the Grant review, undertaken in 2014 by Mr Peter Grant, in which a number of recommendations were made about changing some of the processes around how the ICRC operated as well as how reviews of decisions would be undertaken.

The ICRC Act provides the framework in which the ICRC undertakes its regulatory activities. A primary task of the commission is the provision of independent pricing services for regulated services in the territory.

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