The Next Wellington Seminar
New Zealand Ports and Mixed Ownership
Speakers: Phil Barry and Simon McSweeney-Harte
Date: Wednesday 16 August 2023
Venue: Russell McVeagh, 157 Lambton Quay, Level 24, NTT Tower, Wellington
Time: 5:30pm – 6:30pm NZST
RSVP here
Webinar (Zoom)
About Seminar:
Mixed public and private ownership of trading enterprises has been a controversial issue in New Zealand. In a recent research paper, TDB Advisory examined the experiences with mixed ownership across New Zealand’s ports. In this seminar TDB Director Phil Barry and former TDB Analyst Simon McSweeney-Harte will present the findings of their pro bono research that examined the comparative financial performance of the seven ports in New Zealand that are 100% local government owned and the four ports that have a mix of private and public ownership. Their research examined also the experiences when ownership of the ports changed, with two ports delisting and one port listing on the NZX over the last twenty years. The seminar will also look at the broader picture, discussing recent New Zealand Treasury and IMF analyses of the relative financial performances of SOEs, MoMs and private companies.
Speaker Details:
Phil Barry is a founding director of corporate finance and economics advisers, TDB Advisory. Phil has extensive experience of SOE monitoring and restructuring, having led the NZ government’s team on the public listing of Auckland International Airport Ltd and advised Toll NZ on the sale back of its rail and ferry businesses to the government. Phil is also currently a Director of the New Power Group of companies and a member of the IMF’s Panel of Fiscal Experts, where he has advised the governments of Georgia, Kazakhstan, Kenya, Saudi Arabia and Zambia on SOE governance and financial risk management.
Simon McSweeney-Harte is an honours graduate in economics, a former TDB analyst and the co-author of New Zealand Ports: A Comparison of Mixed and Local Government Ownership.
CPD
Lawyers may note that if this seminar is part of your learning objectives in your CPDPR, then the seminar can count for one hour of your 10 CPD hours. Please contact a LEANZ representative at the seminar to confirm your attendance.