The double edged sword of AI

The double-edged sword of AI AI and its potential impacts on society is a common topic in the TDB office. Many of us are wondering about AI – how and when to use it – and whether it poses a threat or an opportunity to their industry. According [...]

Cost-effectiveness Review of Tobacco Regulation

Cost-effectiveness Review of Tobacco Regulation In pursuit of the Smokefree 2025 Goal, the recently legislated Smokefree Environments and Regulated Products (Smoked Tobacco) Amendment Act 2022 made three significant changes to tobacco regulation in New Zealand: decreasing the number of smoked tobacco retailers by over 90%; reducing the [...]

Ports: what role for mixed ownership?

Ports: what role for mixed ownership? The great majority of the international published and peer reviewed empirical literature finds that a degree of private ownership tends to improve firms’ performance on average and over time. Key reasons are that the incentives and ability to monitor 100% government-owned [...]

Livestock Export Ban – the Wellbeing Impacts

Livestock Export Ban – the Wellbeing Impacts In 2021/22, around 150,000 livestock were exported by sea, with a total value of $382m. All livestock exports by sea were cattle to China, largely for new dairy farms. Under the Animal Welfare Amendment Bill, this trade will cease. The Bill [...]

How are the Government’s Commercial Businesses Faring?

How are the Government’s Commercial Businesses Faring? Currently, the government owns or part-owns eighteen large commercial businesses with combined assets totalling $78 billion. These businesses include three electricity generator/retailers, an airline, a post/courier company, a bank and minority stakes in three airports amongst other enterprises. Together these [...]

Staff News

Staff news Welcome to Simon TDB Advisory would like to warmly welcome and introduce our new summer intern and part-time analyst, Simon McSweeney-Harte. Simon recently completed a BA/BCom majoring in Finance, Economics and International Relations and has begun studying towards his Honours degree in Economics at VUW. George begins MBA [...]

Dairy sector – extending the boundaries

Dairy Sector - Extending the Boundaries As part of its frontier firms inquiry, the Productivity Commission asked TDB to investigate a pillar of the New Zealand economy – the dairy sector. Our paper looks at the economic significance of the industry, the regulatory environment, the extent of competition and the [...]

The year of zoom

The year of Zoom Welcome to the November 2020 edition of the TDB Digest. For many of our readers, lockdown life this year saw just about everything moved to Zoom or other video-conference providers, from client meetings to team chats to Friday work beers. Despite the drop [...]

Fonterra: a long-run financial assessment

Fonterra: a long-run financial assessment As part of its current review of the Dairy Industry Restructuring Act (DIRA) the government asked whether the intended benefits of the 2001 industry restructure have been realised. While parts of the industry have flourished (eg, A2 Milk, Synlait and Open Country [...]

New Zealand Dairy Companies Review

New Zealand Dairy Companies Review In TDB's Dairy Companies Review for the 2018 financial year, we looked closely at Fonterra’s performance in comparison with other NZ dairy processing companies. The transparency of Fonterra’s different businesses has improved, allowing us to analyse the performance of the company’s ingredients [...]