CEPA provides report for New Zealand's Commerce Commission

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11th April 2018
The New Zealand Commerce Commission has released an independent report prepared by CEPA's Australian office, written in collaboration with international dairy industry specialists Freshagenda. The report, which analyses the New Zealand dairy co-operative's (Fonterra's) approach to estimating the asset beta used in calculating the financing costs in its milk price model, concludes that the evidence from comparable companies suggests that a higher asset beta should be used.Milk

Further reading

The Commerce Commission has issued a media release and articles about the report's findings and implications have been published by:


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To find out more about the range of expertise offered by CEPA worldwide, please contact either Richard Rodger (T. +44 (0)20 7269 0210) in London, or Joel Cook (T. +61 2 9006 1307) in Sydney.