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ACCC Chairman Rod Sims is at the forefront of national competition policy, and strives to promote competition, innovation and fair trade in markets to benefit consumers, businesses and the community. In this address, Mr Sims will discuss the current energy crisis in Australia – how we got here and how the ACCC is responding to the issue of energy affordability.
Energy is a priority sector for the ACCC. The consumer and competition watchdog is currently conducting an inquiry into the supply of retail electricity and the competitiveness of retail electricity prices in the National Energy Market. In 2016 the ACCC released its report into the competitiveness of wholesale gas prices in eastern and southern Australia. Following this, in April 2017 the ACCC commenced a wide-ranging inquiry into the supply and demand for wholesale gas in Australia, including the availability and price of gas to Australian industry and other domestic gas users.
Rod Sims was appointed Chairman of the Australian Competition and Consumer Commission in August 2011 for a five year term and reappointed for a further three years in August 2016.
Rod has extensive business and public sector experience. Immediately prior to his appointment to the ACCC, he was the Chairman of the Independent Pricing and Regulatory Tribunal of New South Wales, Commissioner on the National Competition Council, Chairman of InfraCo Asia, Director of Ingeus Limited, and member of the Research and Policy Council of the Committee for Economic Development of Australia. Rod was also a Director of Port Jackson’s Partners Limited where he advised the CEOs and Boards of some of Australia’s top 50 companies on commercial corporate strategy over many years. Rod relinquished all of these roles on becoming Chairman of the ACCC.
Rod is also a past Chairman of the NSW Rail Infrastructure Corporation and the State Rail Authority and has been a Director of a number of private sector companies. During the late 1980s and early 1990s, Rod worked as the Deputy Secretary in the Commonwealth Department of Prime Minister and Cabinet responsible for economic, infrastructure and social policy and the Cabinet Office. He also worked as Deputy Secretary in the Department of Transport and Communications.
Rod Sims holds a first class honours degree in Commerce from the University of Melbourne and a Master of Economics from the Australian National University.