Annual indexation of application fees from 1 January 2014
Fees for RAC licences will increase slightly on 1 January 2014, in-line with the Wage Price Index (WPI). The Ozone Protection and Synthetic Greenhouse Gas Management Regulations (the Regulations) set out the annual indexation of fees on the basis of the WPI (2.7% for 2014).
The table below sets out the 2013 fees as well as the fees that apply from 1 January 2014:
Application fees were raised on 1 January 2013 following the first review of fees since the licensing schemes began. The increase in 2013 and the introduction of annual indexation from 2014 aims to ensure that the cost of implementing the Ozone Protection and Synthetic Greenhouse Gas Management Act 1989 (the Act) continues to be met by the fees charged. The rate of cost recovery through the licensing schemes will be addressed as part of an upcoming review of cost recovery under the Act.
You can find out more details about the changes to licence fees on the Department of the Environment's website at http://www.environment.gov.au