Economics

We build business cases so you can build the facilities the community needs

Economics

We build business cases so you can build the facilities the community needs

For leaders faced with great uncertainty, robust economic analysis can give you the evidence base you need to win funding and progress your agenda.

Even if the immediate consequences of a strategy, regulation or policy choice can be confidently predicted, the later impacts are often opaque. This is where economic analysis can help.

Our economic consultants develop tailored data-driven methodologies to help you quantify the likely outcomes of a new program, investment, policy change or regulatory option.

We combine a pragmatic approach with rich data sources and advanced analytical tools to help leaders understand the benefits and costs of achieving outcomes. Rather than focusing on economic theory we seek solutions that work in complex systems in the real world.

Our economic consulting services include

Business cases and cost-benefit analysis

Major investment decisions, regulations and policy changes should benefit your organisation, your target population or society more broadly. Our approach to cost-benefit analysis quantifies tangible and intangible benefits, including public safety and health outcomes, to calculate return on investment in complex settings. This can help you at the start of a program to compare options, or at the end to evaluate impact.

Pricing and cost recovery

We optimise pricing and incentives for products, services and offerings, including ensuring compliance with cost recovery guidelines and consumer law. Our pricing and cost recovery methods help you establish the appropriate and compliant price for a product or service, while considering commercial realities and business needs. We provide support for government-related cost recovery as well as decisions regarding pricing regulation, subsidies, incentives, taxes and fee setting.

Market design and efficiency

Effective market design considers the impact of interventions on market performance. Some government services (including health, education and defence) operate in areas where markets do not exist or are heavily regulated. We analyse the rules, procurement and procedures required for effective outcomes in suboptimal markets. We consider market contestability, productivity, competition, performance and government stewardship of regulated markets.

INSIGHTS
Pathways to Net Zero

Pathways to Net Zero: Funding the enabling infrastructure

Robotic arms

Evaluating the collective impact of complex programs