Port of Melbourne has today released its Reference Tariff Schedule (RTS) which lists the Prescribed Services Tariffs to apply for the 2017-18 financial year commencing on 1 July 2017.
The RTS details all of the Prescribed Services which are defined by the Pricing Order under section 49 of the Port Management Act (Vic) 1995.
Port charges and fees will increase by 2.1% in 2017-18 (except for international full outward containers) and this increase is based on the annual change in the Consumer Price Index (CPI) for the 12 months to March 2017. The CPI used is the All Groups Index Number (weighted average of eight capital cities) published by the Australian Bureau of Statistics.
International full outward container wharfage rates have been reduced by 2.5%. This represents the second of four years of planned reductions.