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The Productivity Commission's inquiry report into the 'Road and Rail Freight Infrastructure Pricing', was tabled in Parliament in April 2007. The Commission had been asked to inquiry into the costs of freight transport infrastructure on major road and rail networks and options for transport pricing reform. The inquiry would assist COAG to implement efficient pricing of road and rail freight infrastructure to maximise freight transport efficiency and net benefits for the community. Although the Commission concluded that heavy trucks, in aggregate, had been paying their way under the PAYGO system, and that competitive distortions between road and rail were limited, it also found that pricing and regulatory arrangements hampered the efficient provision and productive use of both road and rail infrastructure. The main efficiency losses with current road charging arrangements derive from the averaging of costs and charges under PAYGO, and the disconnect between road revenue and spending decisions. The Commission proposed a sequential approach to reform to be overseen by COAG, this involves: improvements to the PAYGO system, coupled with regulatory reform and improved investment decision-making processes; then incremental pricing for trucks currently excluded from parts of the network, and institutional reforms, before moving to introduce wider location-based pricing. The Commission stressed that each step should be preceded by detailed examination of costs, benefits and distributional impacts, and identification of appropriate adjustment mechanisms. For rail, the Commission recommended a range of reforms to overcome the legacy of a century of inconsistent state based regulation. It also concluded that there was scope to moderate rail access regulation and that corporatisation principles should be more strictly applied.
Examines the causes of inefficiency in road and rail freight, particularly charging arrangements leading to incorrect infrastucture investment decisions.
"The Commission has released this issues paper to assist individuals and organisations to prepare submissions to the inquiry into the economic costs of freight infrastructure and efficient approaches to transport pricing"--P. 3.
This report captures ways in which policy makers and senior officials in railway organizations from emerging economies can accelerate modal shift to rail. Such officials, as well as the general public, aspire for more freight to be moved by rail. The environmental and societal benefits of such a shift are compelling. And yet investment in railways is often not followed by a corresponding increase in freight moved by rail. This report highlights the fact that, in a world of changing global supply chains and logistics, the approach to regaining modal share needs to be different. The expectation that lower cost and efficient rail service will automatically lead to modal shift from road to rail has not been a reality in most emerging economies. Modern railways focus on understanding the logistics of targeted freight and positioning rail transport services as part of an overall logistics system aimed at meeting the needs of customers.
Road pricing is not a new concept—toll roads have existed in Australia since Governor Macquarie established one from Sydney to Parramatta in 1811—and distance-based charging schemes have been trialled and implemented with varying success overseas. But how would full market reform of roads look in a federation like Australia? In its responses to the 2016 Australian Infrastructure Plan and the 2015 Competition Policy Review, the Australian Government explicitly supported investigating cost-reflective road pricing as a long-term reform option, and has committed to establishing a study chaired by an eminent Australian to look into the potential impacts of road pricing reform on road users. The challenges we face in this space are manifold and complex, and we still have a long road ahead of us. However, with advocacy for reform coming from interest groups as diverse as governments, private transport companies, peak industry bodies, policy think tanks and state motoring clubs, there is now more support than ever before for changing the way we provide for and fund our roads. This book seeks to advance the road reform agenda by presenting some of the latest thinking on road pricing and provision from a variety of disciplinary approaches—researchers, economists and public sector leaders. It stresses the need for reform to ensure Australians can enjoy the benefits of efficient and sustainable transport infrastructure as our population and major metropolitan cities continue to grow. Traffic congestion is avoidable, but we must act soon. The works presented here all point to the need for change—the expertise and the technology are available, and the various reform options have been mapped out in some detail. It is time for the policy debate to shift to how, rather than if, road reform should progress.
The International Trade and Business Law Review publishes leading articles, comments and case notes, as well as book reviews dealing with international trade and business law, arbitration law, foreign law and comparative law. It provides the legal and business communities with information, knowledge and understanding of recent developments in international trade, business and international commercial arbitration. The Review contributes in a scholarly way to the discussion of these developments while being informative and having practical relevance to business people and lawyers. It also devotes a section to the Willem C. Vis International Commercial Arbitration Moot and publishes the memoranda prepared by teams coached by Professor Gabriël A. Moens. The Review is edited at the Murdoch University School of Law in Perth, Australia. The Editors-in-Chief are Mr Roger Jones, Partner, Latham & Watkins LLP, Chicago and Gabriël A. Moens, Dean and Professor of Law, Murdoch Law School. It is an internationally-refereed journal. The Review is supervised by an international board of editors that consists of leading international trade law practitioners and academics from the European Union, the United States, Asia and Australia. The Student Editors for Volume XI are Adam Totaro and Peter Clay from the Murdoch Law School.
Taking a comprehensive approach to two central, closely intertwined themes in the field of transport economics, this illuminating Handbook recognizes the critical socioeconomic importance of transport pricing and financing.
This report identifies potential improvements in terms of more effective safety and environmental regulation for trucks, backed by better systems of enforcement, and identifies opportunities for greater efficiency and higher productivity.