11 Dec 2015
The NSW Government has today released IPART’s Final Report on landholder benchmark compensation rates. As part of the NSW Gas Plan, the NSW Government asked IPART to develop a framework for setting benchmark compensation rates as a guide for NSW landholders negotiating land access agreements with coal seam gas companies.
Rather than adopting a ‘one-size-fits-all’ approach to landholder compensation, we are proposing a model that allows landholders to estimate compensation benchmarks using information that is specific to their circumstances. Information about the model and other recommendations are set out in our Final Report.