Australian Competition and Consumer Commission Outcome 1
Enhanced welfare of Australians through enforcing laws that promote competition and protect consumers, as well as taking other regulatory and related actions including monitoring and market analysis, public education, determining the terms of access to infrastructure services, and discharging regulatory responsibilities governing energy markets and networks
| # | Program | Body | Contribution |
|---|---|---|---|
| 1.1 | Australian Competition and Consumer Commission Program 1.1 | Australian Competition and Consumer Commission (ACCC) | The ACCC achieves Outcome 1 by using its resources to undertake the following key activities to achieve its seven strategic objectives: Address anti-competitive conduct and promote competition: initiate compliance and enforcement actions to address harm to consumers and businesses resulting from anti-competitive conduct make decisions on authorisation, notification and certification trademark applications in the public interest undertake market studies and inquiries to contribute to improved market outcomesPrevent anti-competitive mergers: assess mergers to prevent changes in market structures that substantially lessen competitionImprove competition and choice by facilitating safe and secure data sharing by consumers through the Consumer Data Right (a): deliver the enabling technology solutions for Consumer Data Right support Consumer Data Right participants, including through assistance with testing and on-boarding accredit Consumer Data Right data recipients promote compliance with and enforce the Consumer Data Right rules and standardsProtect consumers from misleading and deceptive conduct and promote fair trading: initiate compliance and enforcement actions to address harm to consumers and small businesses resulting from non-compliance with the Australian Consumer Law and industry codes empower small businesses by increasing awareness of their rights under the Australian Consumer Law and industry codes empower consumers by increasing awareness of their rights under the Australian Consumer Law and alerting them to the risk of scams Table 2.2: Performance measure for Outcome 1 (continued) |
| 1.2 | Australian Competition and Consumer Commission Program 1.2 | Australian Competition and Consumer Commission (ACCC) | The AER exists so that energy consumers are better off, now and in the futureWe focus on ensuring a secure, reliable and affordable energy future for Australia as it transitions to net zero emissions. We regulate wholesale and retail energy markets, and energy networks, under national energy legislation and rules. The AER has functions in all states and territories except Western Australia |
| Body | Outcome | Outcome owner | Contribution | |
|---|---|---|---|---|
| Australian Competition and Consumer Commission Program 1.1 | Australian Competition and Consumer Commission (ACCC) | Department of Climate Change, Energy, the Environment and Water Outcome 1 | Department of Climate Change, Energy, the Environment and Water | The Australian Competition and Consumer Commission contributes to the reliable, secure and competitive operations of energy markets by monitoring electricity, gas and fuel prices through public reporting, and its authorisation process, which allowed the Australian Energy Market Operator to facilitate cooperation with energy companies during the COVID-19 pandemic to respond to any significant issues to maintain reliable supply. The Australian Energy Regulator (AER) contributes to the department's Outcome 1 by enforcing laws that promote competition and protect consumers, as well as taking other regulatory and related actions including monitoring and market analysis, determining the terms of access to infrastructure services, and discharging regulatory responsibilities governing energy markets and networks. The AER also enables consumers to make informed choices about their energy supplier, including through setting the Default Market Offer and the Energy Made Easy price comparator website. The AER works collaboratively with the department on the development, implementation and monitoring of energy market policy - including by supporting and facilitating the work of Energy Ministers in developing electricity, gas and retail rules which the AER is responsible for enforcing. Continued on following page |
| Australian Competition and Consumer Commission Program 1.1 | Australian Competition and Consumer Commission (ACCC) | Department of Climate Change, Energy, the Environment and Water Outcome 1 | Department of Climate Change, Energy, the Environment and Water | The Australian Competition and Consumer Commission contributes to affordable, reliable, secure and competitive operations of energy markets by monitoring electricity, gas and fuel prices though public reporting, and its authorisation process, which allowed energy companies to cooperate during the COVID-19 pandemic to maintain reliable supply. The Australian Energy Regulator (AER) contributes to the department's Outcome 1 by enforcing laws that promote competition and protect consumers, as well as taking other regulatory and related actions including monitoring and market analysis, determining the terms of access to infrastructure services, and discharging regulatory responsibilities governing energy markets and networks. The AER also enables consumers to make informed choices about their energy supplier, including through setting the Default Market Offer and the Energy Made Easy price comparator website. The AER works collaboratively with the department on the development, implementation and monitoring of energy market policy - including by supporting and facilitating the work of Energy Ministers in developing electricity, gas and retail rules which the AER is responsible for enforcing. |
| Australian Competition and Consumer Commission Program 1.1 | Australian Competition and Consumer Commission (ACCC) | Department of Health and Aged Care Outcome 1 | Department of Health and Aged Care | The ACCC contributes to the health and safety of the community through the consideration and management of unacceptable safety risks posed by consumer goods |
| Australian Competition and Consumer Commission Program 1.1 | Australian Competition and Consumer Commission (ACCC) | Department of Industry, Science and Resources Outcome 1 | Department of Industry, Science and Resources | The Australian Competition and Consumer Commission promotes competition, fair trading, protection of consumers' rights and product safety for the benefit of consumers, businesses and the Australian community. The primary responsibilities of the Australian Competition and Consumer Commission are to enforce compliance with the competition, consumer protection, fair trading and product safety provisions of the Competition and Consumer Act 2010, regulate national infrastructure and undertake market studies. The department works collaboratively with the Australian Competition and Consumer Commission given competitive markets contribute to supporting economic growth, productivity, innovation and competitive businesses and industries. |
| Australian Competition and Consumer Commission Program 1.2 | Australian Competition and Consumer Commission (ACCC) | Department of Climate Change, Energy, the Environment and Water Outcome 1 | Department of Climate Change, Energy, the Environment and Water | The Australian Competition and Consumer Commission contributes to affordable, reliable, secure and competitive operations of energy markets by monitoring electricity, gas and fuel prices though public reporting, and its authorisation process, which allowed energy companies to cooperate during the COVID-19 pandemic to maintain reliable supply. The Australian Energy Regulator (AER) contributes to the department's Outcome 1 by enforcing laws that promote competition and protect consumers, as well as taking other regulatory and related actions including monitoring and market analysis, determining the terms of access to infrastructure services, and discharging regulatory responsibilities governing energy markets and networks. The AER also enables consumers to make informed choices about their energy supplier, including through setting the Default Market Offer and the Energy Made Easy price comparator website. The AER works collaboratively with the department on the development, implementation and monitoring of energy market policy - including by supporting and facilitating the work of Energy Ministers in developing electricity, gas and retail rules which the AER is responsible for enforcing. |
| Australian Competition and Consumer Commission Program 1.2 | Australian Competition and Consumer Commission (ACCC) | Department of Climate Change, Energy, the Environment and Water Outcome 1 | Department of Climate Change, Energy, the Environment and Water | The Australian Competition and Consumer Commission contributes to the reliable, secure and competitive operations of energy markets by monitoring electricity, gas and fuel prices through public reporting, and its authorisation process, which allowed the Australian Energy Market Operator to facilitate cooperation with energy companies during the COVID-19 pandemic to respond to any significant issues to maintain reliable supply. The Australian Energy Regulator (AER) contributes to the department's Outcome 1 by enforcing laws that promote competition and protect consumers, as well as taking other regulatory and related actions including monitoring and market analysis, determining the terms of access to infrastructure services, and discharging regulatory responsibilities governing energy markets and networks. The AER also enables consumers to make informed choices about their energy supplier, including through setting the Default Market Offer and the Energy Made Easy price comparator website. The AER works collaboratively with the department on the development, implementation and monitoring of energy market policy - including by supporting and facilitating the work of Energy Ministers in developing electricity, gas and retail rules which the AER is responsible for enforcing. Continued on following page |
| Appropriation | Appropriation subtype | 2023-24 | 2022-23 | |
|---|---|---|---|---|
| Budget Estimate | Estimated Actual | Budget Estimate | ||
| Special Accounts | 0.00 | 0.00 | 0.00 | |
| Administered | Non-operating | 0.00 | 0.00 | 0.00 |
| Administered | Operating | 0.00 | 0.00 | 0.00 |
| Administered | Special Appropriation | 20,000.00 | 20,000.00 | 20,000.00 |
| Administered | Special Purpose Payments | 0.00 | 0.00 | 0.00 |
| Administered | Assets and Liabilities | 0.00 | 0.00 | 0.00 |
| Administered | Subtotal | 20,000.00 | 20,000.00 | 20,000.00 |
| Departmental | External Revenue | 3,614,000.00 | 6,574,000.00 | 3,410,000.00 |
| Departmental | Non-operating | 0.00 | 0.00 | 0.00 |
| Departmental | Operating | 352,252,000.00 | 319,121,000.00 | 322,121,000.00 |
| Departmental | Special Appropriation | 0.00 | 0.00 | 0.00 |
| Departmental | Equity Injections | 1,100,000.00 | 14,000,000.00 | 14,000,000.00 |
| Departmental | Subtotal | 356,966,000.00 | 339,695,000.00 | 339,531,000.00 |
| Total | 356,986,000.00 | 339,715,000.00 | 339,551,000.00 | |