It is vital for firms in regulated industries to engage appropriately in the regulatory process to protect their commercial interests. Often this means “walking a mile in the regulator’s shoes” to see things from its perspective.
A number of the Frontier Economics staff have previously worked at economic regulatory agencies in Australia, New Zealand, Singapore and the UK. Frontier Economics also has a long track record of advising governments, regulators and companies in Australia and around the world. This experience, combined with our expertise in providing rigorous economic thinking and a creative external perspective, helps our clients make the best possible decisions.
Our expertise in this sector includes:
- Network Access & Interconnection: We have been a key advisor to policy makers, regulators, governments and businesses on the development of the energy, telecommunications, water, airports and rail regulatory frameworks in Australia and Southeast Asia.
- Price Reviews: There are few things more fundamental to a business than the price it can charge for its product. Regulators are charged with the responsibility to ensure that prices are not excessive.
- Regulatory Finance: Frontier Economics applies its expertise in financial economics to the regulation of network industries.
- Regulatory Strategy, Policy & Advice: We help our clients to develop effective arguments to make to regulators or governments on broad regulatory issues, such as the role of energy networks in delivering low carbon energy sector.
- Tariff Design: While the level of prices is generally a function of a business’s costs and customer’s demand, the manner in which prices are designed or structured can be the function of diverse and often competing objectives.
- Liberalisation & Structural Reform: Introducing competition into a market that was formally dominated by a monopoly provider is an area where regulatory economics plays an important role.