Revenue adjustment amounts

The 2016 approved access undertaking requires Aurizon Network to annually prepare a revenue adjustment application for approval by the QCA.

The QCA applied the 2010 AU process in assessing this submission, in accordance with the transitional provisions in the 2016 access undertaking, which came into effect on 11 October 2016.

We assessed Aurizon Network’s original and resubmitted proposal under the 2016 access undertaking (schedule F, cl. 4.3).

Our final decision was to approve the resubmitted revenue adjustment proposal.

On 27 September 2018, Aurizon Network submitted a proposal on its revenue adjustment for 2017–18 to the QCA. Aurizon Network was proposing a net return to access holders of $0.5 million. The QCA issued its draft decision to refuse to approve the revenue adjustment proposal on 15 November 2018.

On 27 November 2018, Aurizon Network resubmitted its revenue adjustment for 2017–18, proposing a net return to access holders of $0.7m. It proposed to recoup monies from Blackwater, GAPE and Moura users, while returning monies to Goonyella and Newlands users.

On 14 December 2018, the QCA made a final decision to approve Aurizon Network’s resubmitted proposal on its revenue adjustment for 2017–18.

The related documents can be downloaded below.

On 14 December 2017 the QCA approved Aurizon Network’s 2016–17 revenue adjustment claim, as amended on 5 December 2017, for a net recovery of $39.1 million.

Aurizon Network’s 2016 access undertaking provides for it to submit a proposal each year to refund or recoup any over- or underrecovery of its allowable revenues (Schedule F, cl. 4.3(h)).

On 26 September 2017, Aurizon Network submitted its 2016–17 revenue adjustment proposal to the QCA, seeking to recover a net $40.5 million from access holders on the central Queensland coal network.

On 5 December 2017, Aurizon Network amended its proposal, to remove a $1.3 million claim for ground penetrating radar costs, reducing the overall net claim to $39.1 million.