The report was triggered by the setting of new prices after 2012. It provided Ministers with the opportunity to assess whether information disclosure regulation was effective for the airports sector, or if further regulation should be considered.
Our report was released in February 2014 and noted that information disclosure regulation appeared to have had little influence on Christchurch Airport's conduct or performance. Its proposed prices over the 20 years from 2012 to 2032 targeted a return of 8.9%, which was higher than the Commission’s view of an acceptable return as being between 7.4% and 8.4%.
While these reports were a one-off requirement under the Act, we continue to publish similar analysis that can be found on the airports performance page.