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Independent Pricing And Regulatory Tribunal Of New South Wales
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. IPART's organisational arm or Secretariat is managed by its chief executive officer. It has about 140 staff members and an annual budget of 25 million. Dr Peter Boxall is its current chairperson. IPART is responsible to the Premier of New South Wales, presently Dominic Perrottet MP. 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 A ...
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New South Wales
) , nickname = , image_map = New South Wales in Australia.svg , map_caption = Location of New South Wales in AustraliaCoordinates: , subdivision_type = Country , subdivision_name = Australia , established_title = Before federation , established_date = Colony of New South Wales , established_title2 = Establishment , established_date2 = 26 January 1788 , established_title3 = Responsible government , established_date3 = 6 June 1856 , established_title4 = Federation of Australia, Federation , established_date4 = 1 January 1901 , named_for = Wales , demonym = , capital = Sydney , largest_city = capital , coordinates = , admin_center = Local government areas of New South Wales, 128 local government areas , admin_center_type = Administration , leader_title1 = Monarchy of Australia, Monarch , leader_name1 = Charles III , leader_title2 = Governor of New South Wales, Governor , leader_name2 = Margaret Beazley , leader_title3 = Premier of New South Wales, Premie ...
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Tom Parry (economist)
Thomas Gregory Parry is an Australian economist and public servant from Sydney. Parry served as foundation chairman of the Independent Pricing and Regulatory Tribunal of New South Wales (IPART) for the 12 years to 2004. Career Parry was Foundation NSW Natural Resources Commissioner, an Associate Commissioner of the Australian Competition & Consumer Commission, a Director of South East Sydney Area Health Board, a Director of the Children's Medical Research Institute, a Director of the NSW Clinical Excellence Commission, and a member of the NSW Council on the Cost and Quality of Government. He has been an adjunct professor at the University of New South Wales and a former Dean of the Faculty of Commerce at the University of Wollongong. In 2002 and 2003, he conducted a Ministerial inquiry into sustainable public transport in New South Wales. The inquiry's final report has had a significant influence on transport policy in the state, including the corporatization of Sydney Ferries, ...
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Energy Regulatory Authorities
In physics, energy (from Ancient Greek: ἐνέργεια, ''enérgeia'', “activity”) is the quantitative property that is transferred to a body or to a physical system, recognizable in the performance of work and in the form of heat and light. Energy is a conserved quantity—the law of conservation of energy states that energy can be converted in form, but not created or destroyed. The unit of measurement for energy in the International System of Units (SI) is the joule (J). Common forms of energy include the kinetic energy of a moving object, the potential energy stored by an object (for instance due to its position in a field), the elastic energy stored in a solid object, chemical energy associated with chemical reactions, the radiant energy carried by electromagnetic radiation, and the internal energy contained within a thermodynamic system. All living organisms constantly take in and release energy. Due to mass–energy equivalence, any object that has mass whe ...
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Courts And Tribunals Established In 1992
A court is any person or institution, often as a government institution, with the authority to adjudicate legal disputes between parties and carry out the administration of justice in civil, criminal, and administrative matters in accordance with the rule of law. In both common law and civil law legal systems, courts are the central means for dispute resolution, and it is generally understood that all people have an ability to bring their claims before a court. Similarly, the rights of those accused of a crime include the right to present a defense before a court. The system of courts that interprets and applies the law is collectively known as the judiciary. The place where a court sits is known as a venue. The room where court proceedings occur is known as a courtroom, and the building as a courthouse; court facilities range from simple and very small facilities in rural communities to large complex facilities in urban communities. The practical authority given to the c ...
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New South Wales Courts And Tribunals
New is an adjective referring to something recently made, discovered, or created. New or NEW may refer to: Music * New, singer of K-pop group The Boyz Albums and EPs * ''New'' (album), by Paul McCartney, 2013 * ''New'' (EP), by Regurgitator, 1995 Songs * "New" (Daya song), 2017 * "New" (Paul McCartney song), 2013 * "New" (No Doubt song), 1999 *"new", by Loona from '' Yves'', 2017 *"The New", by Interpol from ''Turn On the Bright Lights'', 2002 Acronyms * Net economic welfare, a proposed macroeconomic indicator * Net explosive weight, also known as net explosive quantity * Network of enlightened Women, a conservative university women's organization * Next Entertainment World, a South Korean film distribution company Identification codes * Nepal Bhasa language ISO 639 language code * New Century Financial Corporation (NYSE stock abbreviation) * Northeast Wrestling, a professional wrestling promotion in the northeastern United States Transport * New Orleans Lakefront Airp ...
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Transportation In Sydney
Transport in Sydney is provided by an extensive network of public transport operating modes including metro, train, bus, ferry and light rail, as well as an expansive network of roadways, cycleways and airports. According to the 2006 census, in terms of travel to work or study Sydney has the highest rate of public transport usage among the Australian capital cities of 26.3% with more than 80% of weekday trips to/from Central Sydney being made by public transport. According to the New South Wales State Plan, the state has Australia's largest public transport system. The public transport network is regulated by Transport for NSW. History Sydney's early urban sprawl can be traced in part to the development of its passenger rail network as well as the availability of the automobile as the dominant mode of transport–a similar history has shaped the transport and infrastructure of most major Australian cities.Forster, Clive 1996 ''Australian Cities: Continuity and Change''. ...
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Sydney Water
Sydney Water, formally, Sydney Water Corporation, is a New South Wales Government owned statutory corporation that provides potable drinking water, wastewater and some stormwater services to Greater Metropolitan Sydney, the Illawarra and the Blue Mountains regions, in the Australian state of New South Wales. History The origins of Sydney Water go back to 26 March 1888 when the was enacted and repealed certain sections of the relating to water supply and sewerage, thereby transferring the property, powers and obligations from the Municipal Council to the Board of Water Supply and Sewerage. Name changes The forebears of Sydney Water include: * Board of Water Supply and Sewerage (18881892) * Metropolitan Board of Water Supply and Sewerage (18921925) * Metropolitan Water Sewerage and Drainage Board (19251987) * Water Board (19871994) which had also been the colloquial name for the organisation for much of its history in the 20th century, and persists among longer term employees ...
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Transport In New South Wales
An extensive multi-modal transport system serves the state of New South Wales, Australia. The lead government agency responsible for the network's operation and development is Transport for NSW. Road Transport for NSW is the main New South Wales Government agency responsible for major road infrastructure, licensing of drivers, and registration of motor vehicles. It directly manages State roads and provides funding to local councils for regional and local roads. In addition, with assistance from the Federal Government, Transport for NSW also manages the NSW national highway system. Across the state, the RMS manages 4,787 bridges and 17,623 km of state roads and highways including 3,105 km of National Highways. Rail During the 20th century the railways were run by state-owned entity the New South Wales Government Railways and its successors. The current entity responsible for running the railways is Transport for New South Wales (TfNSW), with NSW TrainLink and Sydne ...
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Dominic Perrottet
Dominic Francis Perrottet ( ; born 21 September 1982) is an Australian politician who is currently serving as the 46th premier of New South Wales and leader of the New South Wales division of the Liberal Party of Australia. He assumed office on 5 October 2021 following the resignation of Gladys Berejiklian. Perrottet previously served as treasurer of New South Wales and deputy leader of the New South Wales Liberal Party from January 2017 to October 2021, and is a member of the New South Wales Legislative Assembly representing the seat of Epping since the 2019 state election. He represented Castle Hill from 2011 to 2015 and Hawkesbury from 2015 to 2019. Perrottet served as Minister for Industrial Relations in the first Berejiklian ministry and as Minister for Finance, Services and Property in the first and second Baird ministries. Early life and background Perrottet was born in 1982, and raised in West Pennant Hills, Sydney. He is the third-oldest of 12 children. His ...
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Government-granted Monopoly
economics, a government-granted monopoly (also called a "de jure monopoly" or "regulated monopoly") is a form of coercive monopoly by which a government grants exclusive privilege to a private individual or firm to be the sole provider of a good or service; potential competitors are excluded from the market by law, regulation, or other mechanisms of government enforcement. As a form of coercive monopoly, government-granted monopoly is contrasted with an '' unregulated monopoly'', wherein there is no competition but it is not forcibly excluded. Amongst forms of coercive monopoly it is distinguished from government monopoly or state monopoly (in which ''government agencies'' hold the legally enforced monopoly rather than private individuals or firms) and from government-sponsored cartels (in which the government forces ''several independent'' producers to partially coordinate their decisions through a centralized organization). Advocates for government-granted monopolies often cl ...
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Monopoly
A monopoly (from Greek el, μόνος, mónos, single, alone, label=none and el, πωλεῖν, pōleîn, to sell, label=none), as described by Irving Fisher, is a market with the "absence of competition", creating a situation where a specific person or enterprise is the only supplier of a particular thing. This contrasts with a monopsony which relates to a single entity's control of a market to purchase a good or service, and with oligopoly and duopoly which consists of a few sellers dominating a market. Monopolies are thus characterized by a lack of economic competition to produce the good or service, a lack of viable substitute goods, and the possibility of a high monopoly price well above the seller's marginal cost that leads to a high monopoly profit. The verb ''monopolise'' or ''monopolize'' refers to the ''process'' by which a company gains the ability to raise prices or exclude competitors. In economics, a monopoly is a single seller. In law, a monopoly is a busine ...
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