The Australian Airports Association (AAA) asked HoustonKemp to undertake an assessment of the extent to which the pricing of aeronautical services provided by four airports – Sydney, Melbourne, Brisbane and Perth – that are the subject of the airports price monitoring regime administered by the Australian Competition and Consumer Commission (ACCC) can be said to reflect the exercise of any market power.
Our analysis involved the estimation of a benchmark rate of return for an Australian airport and the return on aeronautical assets for each airport in each year during the period from 2002 to 2017.
This report was requested by the AAA as part of its submission to the Productivity Commission’s review of the performance of the regulatory regime for airports over the twelve months commencing late June 2018.
Adrian Kemp, Elaine Luc and Liam Hickey were pleased to…
Read moreHoustonKemp is pleased to announce our recent submission to the consultation on revitalising the National Competition Policy (NCP) to support…
Read moreHoustonKemp congratulates the consortium of KKR, OTPP and PSP on entering into a board-recommended Scheme Implementation Deed to acquire Spark…
Read moreMagazines distributed at newsagents and other outlets are experiencing steadily declining sales, but nevertheless retain a substantial readership base. Are…
Read moreIPART asked us to prepare a report explaining the interaction between the licence provisions applying to the NSW electricity distribution…
Read moreWe recently prepared a report for IPART that assesses options for modifying the regulatory framework to provide the NSW distribution…
Read more