On 21 November 2024, the Australian Government commenced the statutory review into the effectiveness of the Prohibiting Energy Market Misconduct Act 2019 (PEMM Act). The PEMM Act came into effect on 10 June 2020 and is due to sunset on 31 December 2025. The review will inform whether the PEMM Act should be retained and in what form.
On 3 February 2025, the AER made a submission to the PEMM Review Taskforce.