Weighted Average Cost of Capital

The ERA is required to make an annual determination of the weighted average cost of capital (WACC) to be applied in the determination of floor and ceiling cost prices for the regulated rail networks.

Weighted Average Cost of Capital 2016

Urban, Freight and the Pilbara Railways

Date	Documents	File type
28-Oct-16	Final Determination relating to the 2016 Weighted Average Cost of Capital for Railway Networks	609 kB

Weighted Average Cost of Capital 2015

Urban and Freight Railways and The Pilbara Infrastructure

Date	Documents	File type
18-Sep-15	Final Determination relating to the 2015 Weighted Average Cost of Capital for Railway Networks	3.4 MB
18-Sep-15	Notice: Rail WACC Final Decision	121 kB
18-Sep-15	Public Submission - The Pilbara Infrastructure	1.1 MB
18-Sep-15	Public Submission - Brockman Mining Australia	422 kB
18-Sep-15	Public Submission - Brookfield Rail	10.6 MB
18-Sep-15	Public Submission - CBH	758 kB

Weighted Average Cost of Capital 2014

Urban and Freight Railways and The Pilbara Infrastructure

Date	Documents	File type
24-Oct-14	Determination	292 kB

Weighted Average Cost of Capital 2013 Method Review

Urban and Freight Railways and The Pilbara Infrastructure

Date	Documents	File type
28-Nov-14	Rail WACC Method REVISED Draft Decision	2.55 MB
05-Jun-14	Corrigenda Draft Decision	723 kB
04-Jun-14	Draft Decision	723 kB

Weighted Average Cost of Capital 2013

Urban and Freight Railways and The Pilbara Infrastructure

Date	Documents	File type
09-July-13	Determination	142 kB
07-Feb-13	Issues Paper	794 kB
09-July-13	Public Submission - Brockman Mining	175 kB
09-July-13	Public Submission - Australian Rail Track Corporation	1.8 MB
09-July-13	Public Submission - Flinders Mining	97 kB
09-July-13	Public Submission - Brookfield Rail	175 kB
09-July-13	Public Submission - Brookfield Rail	866 kB

Weighted Average Cost of Capital 2012

Urban and Freight Railways and The Pilbara Infrastructure

Date	Documents	File type
06-Jul-12	Determination	80 kB

Weighted Average Cost of Capital 2011

Urban and Freight Railways and The Pilbara Infrastructure 

Date	Documents	File type
08-Jul-11	Determination	124 kB

Weighted Average Cost of Capital 2010

Urban and Freight Railways and The Pilbara Infrastructure

Date	Documents	File type
22-Jun-10	Determination	48.7 kB

Weighted Average Cost of Capital 2009

Urban and Freight Railways

Date	Documents	File type
19-Jun-09	Determination	38.3 kB

Weighted Average Cost of Capital 2009 - Initial Determination

The Pilbara Infrastructure

Date	Documents	File type
22-Jun-09	Final Determination	410 kB
23-Jun-09	Final Report by CRA International	579 kB
09-Mar-09	Public Submission - Hancock Prospecting Pty Ltd	1.2 MB
09-Mar-09	Public Submission - The North West Iron Ore Alliance	262 kB
09-Mar-09	Public Submission - Fortescue Metals Group Ltd	4.8 MB
09-Mar-09	Public Submission - The Pilbara Infrastructure	218 kB
09-Mar-09	Public Submission - United Minerals Corporation	109 kB
09-Jan-09	Public Submission - Hancock Prospecting	1.4 MB
09-Jan-09	Draft Determination	540 kB
09-Jan-09	Draft Report by CRA International	2.6 MB
23-Oct-08	Public Submission - ARTC	103 kB
23-Oct-08	Public Submission - Hancock Prospecting	424 kB
23-Oct-08	Public Submission - North West Iron Ore Alliance	265 kB
23-Oct-08	Public Submission - Synergies Economic Consulting on behalf of The Pilbara Infrastructure Ltd	366 kB
23-Oct-08	Public Submission - United Minerals Corporation	652 kB
04-Sep-08	Issues Paper	296 kB
04-Sep-08	The Pilbara Infrastructure Pty Ltd's Proposal	767 kB

Weighted Average Cost of Capital 2008 Methodology Review

Urban and Freight Railways

Date	Documents	File type
23-Jun-08	Determination	323 kB
05-May-08	Public Submission - Australian Pipeline Industry Association	356 kB
05-May-08	Public Submission - Babcock and Brown Infrastructure	531 kB
05-May-08	Public Submission - Department of Industry and Resources	139 kB
05-May-08	Public Submission - WestNet Rail	159 kB
04-Apr-08	Draft Determination	496 kB
12-Dec-07	Public Submission - Alcoa	364 kB
17-Dec-07	Public Submission - Australian Pipeline Industry Association	1.9 MB
10-Dec-07	Public Submission - Chamber of Commerce and Industry	465 kB
01-Dec-07	Public Submission - WestNet Rail	662 kB
30-Oct-07	Report by The Allen Consulting Group	451 kB

Weighted Average Cost of Capital 2007

Urban and Freight Railways 

Date	Documents	File type
05-Jul-07	Determination	55.2 kB

Weighted Average Cost of Capital 2006

Urban and Freight Railways

Date	Documents	File type
12-Jul-06	Determination	49.1 kB

Weighted Average Cost of Capital 2005

Urban and Freight Railways

Date	Documents	File type
01-Jul-05	Determination	21.4 kB

Weighted Average Cost of Capital 2004

Urban and Freight Railways

Date	Documents	File type
01-Jul-04	Determination	20.9 kB

Weighted Average Cost of Capital 2003 Methodology Review

Urban and Freight Railways

Date	Documents	File type
01-Jul-03	Determination	208 kB
01-Jun-03	Consultants Report	552 kB
09-May-03	Public Submission - Australian Rail Track Corporation Ltd	116 kB
09-May-03	Public Submission - Alcoa	147 kB
05-May-03	Public Submission - Portman Iron Ore Ltd	368 kB
05-May-03	Public Submission - WestNet Rail	46 kB
01-Apr-03	Draft report	1.0 MB

Weighted Average Cost of Capital 2002

Urban and Freight Railways

Date	Documents	File type
01-Jul-02	Determination	76.7 kB

Weighted Average Cost of Capital 1999

Urban and Freight Railways

Date	Documents	File type
23-Aug-99	Independent Assessment of Maximum Rate of Return on Rail Infrastructure Report by Macquarie Bank	1.3 MB