Annual indexation to application fees for refrigeration and air conditioning (RAC) Licences
Under the Ozone Protection and Synthetic Greenhouse Gas Management Regulations (1995), Regulation 346 provides for the annual indexation of permit application fees.
The annual indexation formula uses the Wage Price Index (WPI) figures, published by the Australian Bureau of Statistics. Due to the WPI figures released this year, RAC licence application fees will increase by 1.96%
from 1 January 2017
The table shown lists the 2016 application fees and the new application fees from 1 January 2017: