Independent Pricing and Regulatory Tribunal of New South Wales

Last updated

Independent Pricing and Regulatory Tribunal of New South Wales
Tribunal overview
Formed1992
TypeRegulatory and pricing tribunal
Jurisdiction New South Wales
Headquarters Sydney
Employees200
Annual budgetA$37 million
Minister responsible
Tribunal executives
Parent Tribunal Department of Premier and Cabinet
Key documents
  • Independent Pricing and Regulatory Tribunal Act 1992
  • Gas Supply Act 1996
  • Electricity Supply Act 1995
  • National Electricity (NSW) Law 1997
  • Transport Administration Act 1996
Website www.ipart.nsw.gov.au

The Independent Pricing and Regulatory Tribunal of New South Wales (IPART) is an independent regulatory and pricing tribunal that oversees regulation in water, gas, electricity and transport industries in the Australian state of New South Wales. It was established in 1992 by Government of New South Wales to regulate the maximum prices for monopoly services by government utilities and other monopoly businesses, such as public transport.

Contents

IPART's organisational arm or Secretariat is managed by its chief executive officer. It has about 140 staff members and an annual budget of A$25 million. Carmel Donnelly PSM [1] is its current chairperson. IPART reports to the Premier of New South Wales.

IPART's role is defined by several state legislative acts, including the Independent Pricing and Regulatory Tribunal Act 1992, the Gas Supply Act 1996, the Electricity Supply Act 1995, the National Electricity (NSW) Law 1997, and the Transport Administration Act 1996.

Functions

IPART's core functions are conferred by legislation, rules and access regimes established by legislation. They are:

IPART also conducts reviews and investigations to advise the NSW government and its agencies on a range of economic and policy issues, such as pricing, efficiency, industry structure and competition.

Membership

Tribunal Members

The Tribunal comprises three permanent members: a part-time chairman and two part-time tribunal members. Tribunal members are appointed by the premier. The premier can also appoint any number of additional temporary members. As of May 2025, the Tribunal members are:

NameTitleTerm beganTerm lengthNotes
Carmel Donnelly PSMChairman01 July 20215 years [2]
Jonathan Coppel [3] Member16 November 20235 years
Sharon Henrick [4] Member01 July 20243 years
Dr Darryl Biggar [5] temporary Member01 July 20242 years

Notable former members

NameTitleTerm beganTerm endTime in officeNotes
Tom Parry Inaugural Chairman1992200411–12 years

References

  1. "Our Role".
  2. "Our role". Independent Pricing & Regulatory Tribunal. Government of New South Wales. Retrieved 20 May 2025.
  3. "Media Release - IPART welcomes new Tribunal member Jonathan Coppel - 15 November 2023".
  4. "Media Release - IPART welcomes new Tribunal members".
  5. "Media Release - IPART welcomes new Tribunal members".