Title: Economic Regulation Authority (ERA)

Language: English

Type: Website

Nature: Government Website

Published: September 23, 2021

Region: East Asia and Pacific

Country: Australia

Keywords: Public Sector

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The ERA is Western Australia's independent economic regulator. The ERA's work ensures that Western Australian consumers and businesses have a fair, competitive and efficient environment.

Regulatory bodies are designed for the specific needs of their role and the community they serve. An economic regulator is especially important in Western Australia because our state is isolated, and we have a relatively small population spread over a large area. This means that for some essential services, real competition is not economically viable so suppliers in these areas effectively operate as monopolies.

Without competition, even the best-intentioned and well-run monopolies need an independent but expert voice to ensure that customer needs are protected over the long term. This is our role. We aim to reduce compliance costs and promote efficiency to benefit all parts of our community.

Updated: October 25, 2021