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Amalgamation is Not the Path to Real Reform

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Presentation on theme: "Amalgamation is Not the Path to Real Reform"— Presentation transcript:

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

2 Evidence on Amalgamations - Qld

3 Qld Amalgamations and Efficiency

4 NSW Amalgamations

5 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.

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

7 FAG Reform

8 Political Structure

9 Shared Services

10 LG Tax Reform

11 Price Benchmarking

12 Resident Education

13 Collaboration With Academics

14 Efficiency Analysis

15 Debt Capacity Modelling

16 Depreciation Benchmarking

17 Residential Revenue Effort Analysis

18 Interpreting Performance Indicators

19


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