Eric Ripper

Eric Ripper

Deputy Premier; Treasurer; Minister for State Development

    Economic Regulation Authority reports released today

    25/07/2008 12:00 AM
     

    Treasurer Eric Ripper has tabled three reports by the independent Economic Regulation Authority (ERA) today. 

     

    Mr Ripper said the ERA provided independent advice to the WA Government on specific areas of economic reform.

     

    “The ERA’s objective is to maintain a competitive and fair commercial environment for the benefit of all Western Australians,” he said.

     

    “It is regarded as another example of our accountable approach to decision-making.”

     

    Competition in the Water and Wastewater Services Sector

    The ERA’s inquiry into potential opportunities to enhance competition and competitive forces in the water and wastewater services sector recommended a number of reforms to the structure and operation of the bulk water supply industry.

     

    These reform options have been developed in a highly consultative process between the ERA, the Department of Treasury and Finance (DTF), the Department of Water (DoW) and the Water Corporation, as well as other key stakeholders.

     

    Mr Ripper said the WA Government had established a working party chaired by the Department of Premier and Cabinet, to consider the recommendations from a whole-of-government perspective.  The working party was expected to take six months to draft its response.

     

    Developer Contributions to the Water Corporation

    The ERA has examined developer contributions that are payments to the Water Corporation made by developers for the extension of the necessary water, wastewater and drainage infrastructure for land development. A whole-of-government response will be considered by the WA Government in November this year.

     

    Grain Marketing report

    The ERA has undertaken an inquiry into the Grain Marketing Act 2002. This review makes a number of recommendations. Notably, the ERA makes recommendations for future grain marketing arrangements for bulk barley, canola and lupin exports.  The WA Government will now carefully consider the ERA’s recommendations.

     

    Treasurer's office - 9213 7200