Where a price has been determined but does not have an ongoing linkage to market prices, the pricing review will seek to establish an agency-specific estimate of productivity growth on an ongoing basis. The estimated rate of productivity growth thus established will continue to apply to an agency's estimates until varied by a subsequent pricing review. In this context, indexation arrangements will continue unaffected, but a separate application of the standard ED will not be necessary. Indexation and the standard ED will continue to apply to agencies until they have undertaken a pricing review that satisfies the requirements outlined above. Arrangements for administered items, including Specific Purpose Payments to the States and Territories remain unchanged.
More information is available on output pricing reviews and the benchmarking of price of outputs .