Michael Woolston leads Frontier Economics’ water practice in Australia. Michael has led a number of major policy studies in areas including water entitlements and markets, water pricing, institutional and regulatory arrangements in the sector, and resource management issues. Michael has advised key Commonwealth Government bodies along with State and Local Governments, water businesses and regulators.
Michael’s comprehensive knowledge of the water industry and his participation in many areas of water policy reform means he is an invaluable resource for many clients. His breadth of knowledge across state and federal water sectors ensures his approach in policy development or reform is practical and able to factor in an understanding of what other bodies in the water industry are doing.
Prior to joining Frontier Economics, Michael was Assistant Director of Utility Regulation and Projects and Senior Economist of the Water Reform Unit in the Victorian Department of Treasury and Finance.
Selected work by Mike:
Reports
In order to identify opportunities for reform in urban water policy to ensure that the sector was well placed to meet customer and community expectations in the future, in 2011 the Commission [...]
Many irrigators in Murray-Darling Basin access water by holding tradeable water entitlements, which relate to a specific water resource such as a dam. In recent years governments have taken steps [...]
A Report Prepared For The Victorian Department Of Sustainability And Environment. To assist with the development of the Northern Region Sustainable Water Strategy in Victoria, this paper assesses [...]
Bulletins
Frontier Economics was commissioned by the Water Services Association of Australia to produce a report to explain economic efficiency to the water sector.
Frontier Economics' recently provided advice to several clients in regards to the Queensland Competition Authority's process for their approach to climate change related expenditure. This [...]
A fundamental objective of economic regulation is to ensure a regulated firm has a reasonable opportunity to recover its efficiently-incurred costs. Without this opportunity, such a firm will no [...]
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