Home Telecoms & NBN Competition regulator says NBN service charges within price cap limits

Competition regulator says NBN service charges within price cap limits

Competition regulator says NBN service charges within price cap limits Featured

The Australian Competition and Consumer Commission has issued a draft determination that the operator of the National Broadband Network, NBN Co, have not exceeded price caps placed on what it charges for services under the Special Access Undertaking (SAU).

The ACCC issued its determination on Friday and said that NBN Co’s prices did not exceed the maximum regulated prices in 2015-16.The determination also included values for NBN Co’s actual capital and operating expenditure for 2015-16, as well as values for regulated assets and accumulated losses.

NBN Co has to make a submission to the ACCC each year on its allowable revenues to cover the costs of providing its services and the ACCC then assesses this against the methodology in the Special Access Undertaking.

And, the ACCC is required to make a determination on NBN Co’s revenue controls each year in accordance with the Long Term Revenue Constraint Methodology (LTRCM), which is set out in NBN Co’s SAU.

The SAU is a key component of the regulatory framework for the NBN and contains provisions designed to encourage NBN Co to incur expenditure efficiently.

“The ACCC’s draft decision is to accept NBN Co’s proposed values for determining allowable revenues for 2015-16,” ACCC chairman Rod Sims said.  

“As the NBN’s rollout approaches a midway point, the ACCC’s has undertaken additional testing of the processes and procedures NBN Co has in place to ensure those costs are incurred in a prudent and efficient manner.”

The ACCC is now seeking stakeholder views on the draft determination, with submissions due by 26 May.


Australia is a cyber espionage hot spot.

As we automate, script and move to the cloud, more and more businesses are reliant on infrastructure that has the high potential to be exposed to risk.

It only takes one awry email to expose an accounts’ payable process, and for cyber attackers to cost a business thousands of dollars.

In the free white paper ‘6 Steps to Improve your Business Cyber Security’ you’ll learn some simple steps you should be taking to prevent devastating and malicious cyber attacks from destroying your business.

Cyber security can no longer be ignored, in this white paper you’ll learn:

· How does business security get breached?
· What can it cost to get it wrong?
· 6 actionable tips



Ransomware is a type of malware that blocks access to your files and systems until you pay a ransom.

The first example of ransomware happened on September 5, 2013, when Cryptolocker was unleashed.

It quickly affected many systems with hackers requiring users to pay money for the decryption keys.

Find out how one company used backup and cloud storage software to protect their company’s PCs and recovered all of their systems after a ransomware strike.


Peter Dinham

Peter Dinham is a co-founder of iTWire and a 35-year veteran journalist and corporate communications consultant. He has worked as a journalist in all forms of media – newspapers/magazines, radio, television, press agency and now, online – including with the Canberra Times, The Examiner (Tasmania), the ABC and AAP-Reuters. As a freelance journalist he also had articles published in Australian and overseas magazines. He worked in the corporate communications/public relations sector, in-house with an airline, and as a senior executive in Australia of the world’s largest communications consultancy, Burson-Marsteller. He also ran his own communications consultancy and was a co-founder in Australia of the global photographic agency, the Image Bank (now Getty Images).


Popular News