Skip to main content

Superfast Broadband Declaration

Independent Review – Australian Competition and Consumer Commission

On 29 July 2016, the Australian Competition and Consumer Commission (ACCC) announced its decision to regulate access to wholesale superfast broadband access services. This will mean that non-NBN networks supplying broadband services with data rates normally more than 25 Mbps will have the price and non-price conditions for access by retailers determined by the ACCC. The ACCC made this decision based on concerns that the networks exhibited natural monopoly characteristics. The ACCC’s decision was informed by the Superfast Broadband Access Service Declaration Inquiry, which the ACCC certified as meeting the requirements of a regulation impact statement. The Office of Best Practice Regulation (OBPR) does not assess reviews that have been certified as meeting the requirements of a regulation impact statement. The agency estimates the average annual regulatory cost at $1.2 million. The OBPR has agreed to the regulatory cost.