HoustonKemp

HoustonKemp

Financial Services

Sydney, NSW 1,518 followers

Economics in action

About us

HoustonKemp is dedicated to the application of economics to bring clarity to complex problems arising in competition, finance, policy and regulation. Our experts have a long track record in assisting high stakes decision-making through the use of evidence-based economic analysis that is focused, accessible and capable of withstanding the most intense scrutiny. Our clients include corporations, governments, trade associations, and law firms engaged in commercial and criminal litigation. Clients typically come to us in circumstances where it is critical to understand the strengths and weaknesses of options they must choose between, and when decisions by or about them may have profound consequences. In return, we are committed to ensuring that our analysis is focused on the problem at hand, and capable of being translated into conclusions that are clear and practicable.

Industry
Financial Services
Company size
11-50 employees
Headquarters
Sydney, NSW
Type
Privately Held
Founded
2014
Specialties
Competition, Finance, Regulation, Policy, and Analytics

Locations

Employees at HoustonKemp

Updates

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    1,518 followers

    HoustonKemp was pleased to submit our response to the consultation on revitalising the National Competition Policy (NCP) earlier this week. The original NCP (still in use – see picture below) brought significant benefits to Australians by expanding competition to new sectors and reducing regulatory barriers to competition. We are optimistic a renewed NCP could drive positive outcomes for consumers and the economy. We look forward to contributing our expertise as this important process unfolds. https://lnkd.in/g_CMKNjf #NationalCompetitionPolicy #EconomicReform #HoustonKemp

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    Last week, Luke Wainscoat and Ashmit Vyas participated in the annual Great Policy Debate hosted by The Sydney University Economics Society - EconSoc. Opposing the motion that ‘the Future Made in Australia Act is the necessary path forward for economic growth and revitalisation of the manufacturing sector in Australia’, Luke and Ashmit discussed a number of issues ranging from the ability of governments to identify areas of comparative advantage, to the environmental and security implications of industrial policy. After the debate, they had the pleasure of speaking with students about economic policy and careers in economics. HoustonKemp extends its gratitude to the Economics Society and all attendees for making the event possible. 

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    Our office hosted a group of bright and motivated Harding Miller Education Foundation - Scholarships for girls that change lives scholarship students for an 'Enrichment day' where they explored the world of economics and gained insight into the work of a micro economist. We kicked off the day by introducing them to our type of economics, followed by a speed networking session to discuss the various career paths traversed by some of our staff. Later in the afternoon the students dove into an interactive R activity analysing data from Taylor Swift's music. We extend a big thank you to the Harding Miller Education Foundation for making this enriching experience possible! #WomenInEcon #HardingMiller

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    The economics of buyer power can be challenging to navigate, especially in the sensitive arena of grocery markets. Greg Houston, Nick Twort, Zoe Odgers, Adam Evans and Ashmit Vyas were pleased this week to file a report with the Commerce Commission, addressing ‘unresolved issues’ in the proposed merger of New Zealand’s North and South Island Foodstuffs’ grocery cooperatives. Distinct geographic footprints mean the parties don’t compete in any retail grocery market but expect some improved terms from being able to acquire as one from grocery suppliers. Our just published report explains why the merger should be regarded as good for competition and consumers, rather than a lessening as contended by the Commission. https://lnkd.in/g_6qM5yR

    • https://comcom.govt.nz/__data/assets/pdf_file/0021/362019/Houston-Kemp-economic-effects-of-proposed-merger-of-FSNI-and-FSSI-review-of-statement-of-unresolved-issues-13-August-2024.pdf
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    The Queensland Competition Authority (QCA) released its draft decision on Queensland Rail's 2025 draft access undertaking in June 2024. Martin, Johnathan, Kate, and Ashmit had the pleasure of assisting Queensland Rail in its response to this draft decision. Their report addressed the following key issues: the appropriateness of the QCA’s decision to escalate existing reference tariff by the Consumer Price Index (CPI) for the West Moreton System, rather than calculate a reference tariff based on a building block approach; the economic implications of asset optimisation for Queensland Rail and other businesses regulated by the QCA; and appropriate cost allocation between coal and non-coal services. Our detailed report is now publicly available. Check it out here: https://lnkd.in/gf9y6HUT

    QueenslandRail_Generic_Portrait_A4_1014

    QueenslandRail_Generic_Portrait_A4_1014

    qca.org.au

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    Congratulations to Kelson Sadlier on his two prizes at the NZAE conference for his honours dissertation on the topic of preference elicitation methods.

    I’m seeing double! 👀 Kelson Sadlier, University of Otago alum, picked up two prizes for his dissertation titled: Optimal adaptive Bayesian design in choice experiments: Performance for the population versus individuals “We investigate the performance of an optimal adaptive Bayesian design for choice experiments - the ellipsoidal design - to a simple random design, evaluating the accuracy of both individual and population parameter estimates. Our findings suggest the ellipsoidal design is more suitable when the focus is on specific individuals in the sample, while the random design is superior when the focus is on the population. This finding is important because the estimation accuracy for population parameters has been neglected in the research literature on adaptive design of choice experiments, which focuses instead on individual parameters.” (Read Kelson's working paper here: https://lnkd.in/eEED_Shp) For his dissertation, Kelson received the: 🎓 Honours Dissertation Prize: awarded to the dissertation that is considered the best amongst those from the Economics departments of New Zealand universities. 🎓 Jan Whitwell Prize (Master’s): for research undertaken as part of a Bachelor’s, Master’s or Doctoral degree and presented at the conference. The prize honours the memory of Jan Whitwell (1944-1993), a former President of the NZAE (1992-93), distinguished university lecturer and musician. Congratulations, Kelson!

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