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Vision and Mission

Our Vision

To be valued by Western Australians as a provider of high quality independent economic regulation and advice.

Our Mission

To serve the interests of Western Australians by promoting fair prices, quality services, choice and enhancing competition through independent economic regulation and advice to Government.

Our Goals

To achieve the Economic Regulation Authority's (ERA) vision, the following six strategic goals have been developed:

  1. Facilitation of fair, economically efficient and contestable markets.
  2. Certain, transparent and timely regulatory assessment framework to minimise regulatory risk.
  3. Minimise regulatory compliance costs in the promotion of competitive outcomes.
  4. Establish a reputation as a provider of independent, clear, rigorous, well-informed and complete advice in undertaking inquiries referred to the ERA by Government.
  5. Attract and retain a well qualified and committed workforce.
  6. Ensure stakeholders are well informed and have a better understanding of regulatory outcomes.

Our Values

The values that support the ERA’s policies, programs and practices are:

  • Commitment - Being focused on the interests of Western Australians, treating others with respect and dignity, promoting employee growth and well-being and carrying out our work with passion in an inclusive manner.
  • Independence and Impartiality - Free to make decisions in the long-term interests of Western Australians.
  • Integrity - Practising consistent behaviours that engender confidence and trust in what we do and say, displaying honesty and equity in all our dealings and treating others fairly and openly with respect to their rights at all times.
  • Professionalism - Being innovative, disciplined, rigorous and focused in our work.
  • Transparency and Consultation - Undertaking activities in an open manner to enable stakeholders to understand and contribute to our outcomes.
  • Excellence - Dedicated to carrying out our work in an effective and efficient manner and in accordance with our overall mission.

Adobe PDF Strategic Plan 2011-13 (1.2 MB)