We regulate some national infrastructure services (such as communications, energy and bulk water) and monitor other markets where there is limited competition.
Australians rely on the market economy to provide positive outcomes for their prosperity and welfare. However, the market economy is not perfect. Consumer welfare can be undermined, especially in some areas of infrastructure provision where there are or have been monopoly suppliers.
When this occurs, our role is to provide effective regulation that will protect, strengthen and supplement competitive market processes to improve the efficiency of the economy and increase the welfare of Australians.
We have a range of regulatory functions in relation to national infrastructure industries as well as a prices oversight role in some markets where competition is limited. Our functions include:
- determining the prices and access terms and conditions for some nationally significant infrastructure services
- monitoring and enforcing compliance with industry-specific laws for bulk water, energy and communications
- monitoring and reporting on prices and quality of particular goods and services to provide information about the effects of market conditions
- disseminating information to help stakeholders understand regulatory frameworks and the structure and operation of infrastructure markets
- providing advice when requested by governments and policy agencies on how efficient regulatory outcomes and competitive, well-functioning markets can be achieved.
Infrastructure regulation division - organisation structure
Resources - examples of our regulatory publications, newsletters, events, forums and committees