Amalgamation is Not the Path to Real Reform

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Presentation transcript:

Amalgamation is Not the Path to Real Reform Dr Joseph Drew, Research Fellow, University of New England.

Evidence on Amalgamations - Qld

Qld Amalgamations and Efficiency

NSW Amalgamations

Evidence on NSW Amalgamations 8 papers in quality peer reviewed journals Proposed amalgamations will not improve TCorp financial ratios. 20 out of the 23 proposed merged entities will be over-scaled and elicit diseconomies of scale. The Fit for the Future process has been distorted by inaccurate data, uses metrics which do not measure what they purport to measure, and can be characterised as policy on the run.

So What Can be Done? FAG reform Political Structure Shared Services Local Government Taxation Reform Price Benchmarking Resident Education Academic Collaboration

FAG Reform

Political Structure

Shared Services

LG Tax Reform

Price Benchmarking

Resident Education

Collaboration With Academics

Efficiency Analysis

Debt Capacity Modelling

Depreciation Benchmarking

Residential Revenue Effort Analysis

Interpreting Performance Indicators

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