Cristina Pieta Cifuentes

Last updated

Cristina Cifuentes
AM
Born
Spain
NationalityAustralian
EducationUniversity of Technology, Sydney, University of Sydney
Occupation(s)Economist, Director
EmployerHarrison Riedel Foundation

Christina Cifuentes AM is an Australia n expert in energy policy and markets, and was a board member of the Australian Energy Regulator, Australia's national energy market regulator, [1] who was awarded an Order of Australia in the 2022 Queens Birthday Honours list, for her significant service to economic and energy sector regulation, and to consumer protection. [2] [3]

Contents

Early life and career

Cifuentes was born in Spain, and spent her childhood and grew up within Sydney. [4] She obtained a first class honours degree in law (Bachelor of Laws at the University of Technology, Sydney), then followed by a Bachelor of Economics at the University of Sydney. She was head of legal policy at ASIC from 1990 – 1993 [5] [6] [7] and has worked in both the private and public sectors, with experience at NSW Treasury, the Reserve Bank of Australia, as well as the Australian Securities Commission.

Cifuentes started a role as a Commissioner of the ACCC (Australian Competition and Consumer commission) in 2013, for five years, and then her term was reappointed, in 2018. She was also a board member of the Australian Energy Regulator, and provided advice on policy on energy regulation, [8] [9] [10]

Cifuentes was director of the Hunter Water Corporation, NSW T Corp as well as First State Super Trustee Corporation. She was also the chair of the ACCC's committee for Communications and Infrastructure. [11] She was employed at the Harrison Riedel Foundation, and is a member of the Finance Committee of the St Patrick's Church within the Rocks area of Sydney CBD. [12] She has given international talks on energy policy and markets. [13]

Gender Equity

Cifuentes's work supporting and advocating for women and people from cultural and linguistically diverse communities was recognised while she was at the ACCC. [14] She was involved in mentoring, within the Women in Energy international program. [15]

Cifuentes has been a mentor for the Women in Law Enforcement Strategies, Law student program, University of Notre Dame, as well as the NSW Premier's Council for Women. [16]

She commented on the need for women to have leadership roles on boards:

“Women are, and should be, considered equally capable as men in terms of being developed as future leaders. This has to happen from their very first job, not 15 to 20 years into their work-life, when companies start to cast around looking for potential female directors. So whilst the commitment to getting more women on boards may be there, organisations need to do a lot more in terms of developing the talent and capabilities of their female staff from the very beginning. They also need to provide opportunities for them to continue to work meaningfully if they decide to take up family obligations.”

Awards

Related Research Articles

The Australian Competition and Consumer Commission (ACCC) is the chief competition regulator of the Government of Australia, located within the Department of the Treasury. It was established in 1995 with the amalgamation of the Australian Trade Practices Commission and the Prices Surveillance Authority to administer the Trade Practices Act 1974, which was renamed the Competition and Consumer Act 2010 on 1 January 2011. The ACCC's mandate is to protect consumer rights and business rights and obligations, to perform industry regulation and price monitoring, and to prevent illegal anti-competitive behaviour.

The National Electricity Market (NEM) is an arrangement in Australia's electricity sector for the connection of the electricity transmission grids of the eastern and southern Australia states and territories to create a cross-state wholesale electricity market. The Australian Energy Market Commission develops and maintains the Australian National Electricity Rules (NER), which have the force of law in the states and territories participating in NEM. The Rules are enforced by the Australian Energy Regulator. The day-to-day management of NEM is performed by the Australian Energy Market Operator.

<i>Competition and Consumer Act 2010</i> Act of the Parliament of Australia

The Competition and Consumer Act 2010 (CCA) is an Act of the Parliament of Australia. Prior to 1 January 2011, it was known as the Trade Practices Act 1974 (TPA). The Act is the legislative vehicle for competition law in Australia, and seeks to promote competition, fair trading as well as providing protection for consumers. It is administered by the Australian Competition & Consumer Commission (ACCC) and also gives some rights for private action. Schedule 2 of the CCA sets out the Australian Consumer Law (ACL). The Federal Court of Australia has the jurisdiction to determine private and public complaints made in regard to contraventions of the Act.

<span class="mw-page-title-main">Origin Energy</span> Australian energy company

Origin Energy an ASX listed public company with headquarters in Sydney. It is a major integrated electricity generator, and electricity and natural gas retailer. It operates Australia’s largest coal-fired power station at Lake Macquarie, New South Wales.

<span class="mw-page-title-main">Allan Asher</span>

Allan James Asher is an Australian lawyer, consumer advocate and campaigner.

<span class="mw-page-title-main">Energy policy of Australia</span> Overview of the energy policy of Australia

The energy policy of Australia is subject to the regulatory and fiscal influence of all three levels of government in Australia, although only the State and Federal levels determine policy for primary industries such as coal. Federal policies for energy in Australia continue to support the coal mining and natural gas industries through subsidies for fossil fuel use and production. Australia is the 10th most coal-dependent country in the world. Coal and natural gas, along with oil-based products, are currently the primary sources of Australian energy usage and the coal industry produces over 30% of Australia's total greenhouse gas emissions. In 2018 Australia was the 8th highest emitter of greenhouse gases per capita in the world.

This is a partial list of notable price fixing and bid rigging cases.

Gavan McDonell is an Australian civil engineer, economist and political sociologist in the fields of national infrastructure policy reform, international development and academic education for advanced sustainability studies.

David John Bradbury is a former Australian politician. He was a Labor member of the Australian House of Representatives, representing the Division of Lindsay, in New South Wales, from 2007 until 2013. Bradbury was the Minister for Competition Policy and Consumer Affairs, Assistant Treasurer, Minister Assisting for Financial Services and Superannuation, and Minister Assisting for Deregulation. He is currently the Head of Tax Policy and Statistics at the Organisation for Economic Co-operation and Development's Centre For Tax Policy and Administration.

The Australian Energy Market Commission (AEMC) was set up by the Council of Australian Governments through the Ministerial Council on Energy in 2005. The AEMC was established by the Australian Energy Market Commission Establishment Act 2004 (SA), and commenced in July 2005. The Commission consists of one full-time and two part-time Commissioners. Two Commissioners are appointed by the participating State and Territory jurisdictions and one Commissioner is appointed by the Commonwealth.

The Australian Energy Regulator (AER) is the regulator of the wholesale electricity and gas markets in Australia. It is part of the Australian Competition & Consumer Commission and enforces the rules established by the Australian Energy Market Commission.

<i>Australian Competition and Consumer Commission v Baxter Healthcare Pty Ltd</i> 2007 High Court of Australia decision

Australian Competition and Consumer Commission v Baxter Healthcare Pty Ltd, (Baxter) was a decision of the High Court of Australia, which ruled on 29 August 2007 that Baxter Healthcare Proprietary Limited, a tenderer for various government contracts, was bound by the Trade Practices Act 1974 in its trade and commerce in tendering for government contracts. More generally, the case concerned the principles of derivative governmental immunity: whether the immunity of a government from a statute extends to third parties that conduct business with the government.

Rodney Graham "Rod" Sims is an Australian economist and former public servant. Sims served as chair of the Australian Competition & Consumer Commission (ACCC), Australia's competition regulator, from 1 August 2011 to 20 March 2022.

<span class="mw-page-title-main">Cameron Murphy</span>

The Hon. Cameron Lionel Murphy AM MLC is an Australian barrister, civil libertarian and Labor Party member of the NSW Legislative Council.

John Eric Pierce is a senior Australian public servant and policymaker. From 2010 to 2020, he acted as Chairman of the Australian Energy Market Commission.

ACIL Allen is an Australian economics and policy consulting firm, specialising in the use of applied economics and econometrics to analyse, develop and evaluate policy, strategy and programs. It is the result of the April 2013 merger between Allen Consulting Group and ACIL Tasman. ACIL Allen employs 65 consultants in offices in Sydney, Melbourne, Canberra, Brisbane, Perth and Adelaide.

Emma Christine Hurst is an Australian politician, psychologist and vegan bodybuilder. She was elected to the New South Wales Legislative Council representing the Animal Justice Party at the 2019 state election.

<span class="mw-page-title-main">Consumer Data Right</span> Australian consumer data portability

The Consumer Data Right is the name of a legislative, regulatory, and standards framework for consumer data portability in Australia. This framework has been created and introduced by the Australian Government, which is implementing the framework on a sector-by-sector basis.

Gina Cass-Gottlieb is the current chair of the Australian Competition & Consumer Commission.

References

  1. Anonymous (29 October 2020). "About the ACCC and the AER". Transparency Portal. Retrieved 14 June 2022.
  2. "Governor General Gassette" (PDF).
  3. "Queen's Birthday honours: full list". The Sydney Morning Herald. 8 June 2014. Retrieved 13 June 2022.
  4. "Intellectual curiosity and flexibility: Q&A with Cristina Cifuentes". Industry Moves. 19 April 2018. Retrieved 14 June 2022.
  5. "Cristina CIFUENTES | Drupal". chairgovreg.fondation-dauphine.fr. Retrieved 14 June 2022.
  6. "AER to farewell Board Member Cristina Cifuentes". Australian Energy Regulator. 20 December 2019. Retrieved 14 June 2022.
  7. Commission, Australian Competition and Consumer (7 May 2020). "Commissioner Cristina Cifuentes to depart ACCC". Australian Competition and Consumer Commission. Retrieved 14 June 2022.
  8. "New Australian Energy Regulator Board Appointments". Energy Networks Australia. 13 December 2019. Retrieved 14 June 2022.
  9. "Cristina Cifuentes". emergingeconomists.esansw.org.au. Retrieved 14 June 2022.
  10. Staff Writers. "iTWire - Cristina Cifuentes to depart ACCC". itwire.com. Retrieved 14 June 2022.
  11. Commission, Australian Competition and Consumer (7 May 2020). "Commissioner Cristina Cifuentes to depart ACCC". Australian Competition and Consumer Commission. Retrieved 14 June 2022.
  12. "Cristina Cifuentes". www.harrisonriedelfoundation.com. Retrieved 14 June 2022.
  13. "Monitoring as a key tool to improve energy policy & markets Cristina Cifuentes, Commissioner, ACCC/AER. - ppt download". slideplayer.com. Retrieved 14 June 2022.
  14. Commission, Australian Competition and Consumer (7 May 2020). "Commissioner Cristina Cifuentes to depart ACCC". Australian Competition and Consumer Commission. Retrieved 14 June 2022.
  15. "Intellectual curiosity and flexibility: Q&A with Cristina Cifuentes". Industry Moves. 19 April 2018. Retrieved 14 June 2022.
  16. "GG.gov.au files" (PDF).
  17. "Cristina Cifuentes". University of Technology Sydney. 24 December 2018. Retrieved 14 June 2022.