Executive summary of update This update introduces significant regulatory changes across three key areas. Firstly, it establishes new rules for solar-generated electricity, mandating that retailers and exempt sellers cannot charge customers for exported solar energy and must credit them at a rate no less than $0 per kilowatt hour. Secondly, it substantially increases the financial penalties for licence breaches and expands the regulatory powers of the Independent Pricing and Regulatory Tribunal (IPART), including the ability to institute proceedings under the National Electricity Law for specific rule breaches.

Executive summary of update This update formally opts New South Wales into the national Orderly Exit Management Framework for electricity retailers by introducing Sections 5B and 5C. The primary intent is to create a structured process for managing the failure of a retailer, enhancing market stability and protecting consumers. The most significant practical consequence for our operations is the introduction of a new "financial vehicle," to be appointed by the Minister, which will manage the costs of a retailer's exit.

Executive summary of update This update introduces a significant overhaul of the enforcement and penalty framework under the Water Management Act 2000. The primary change is the introduction of a parallel civil penalty regime, allowing for financial penalties to be pursued for contraventions without a criminal prosecution. Key changes include substantially increased penalties, expanded powers for authorised officers (including seizure and forfeiture of equipment), new cost recovery mechanisms for compliance actions, and new evidentiary rules allowing the use of satellite imagery in legal proceedings.

Executive summary of update The Offshore Electricity Infrastructure (Regulatory Levies) Act 2021 is a new piece of legislation that introduces a mandatory offshore electricity infrastructure levy. This levy is imposed on all holders of offshore electricity infrastructure licences and any person engaging in prescribed offshore infrastructure activities. The primary purpose of the Act is to establish a legal basis for cost recovery by the Commonwealth for its regulatory and compliance functions.

Executive summary of update This update formalises the Management Plan Guideline, transforming it from raw text into a structured, legally referenced document. The most critical changes include a significant increase in prescriptive detail regarding financial security calculations (Section 8.11), work health and safety (WHS) obligations (Section 8.7), and emergency management (Section 8.13). The primary intent is to clarify regulatory expectations and standardise submissions by aligning them with international standards like AS/ISO 31000:2018.