Economics
We build the business cases so that you can build the facilities and services that the community needs.
Economics
We build the business cases so that you can build the facilities and services that the community needs.
If you are a leader faced with a high degree of uncertainty, robust economic analysis can give you the evidence base you need to move forward. Even if the immediate consequences of a strategy or policy choice can be confidently predicted, the later impacts are often opaque which is where economic analysis can help.
Our economics consultants develop tailored data-driven methodologies to help you quantify and fully understand the likely outcomes of a new program, investment, policy change or regulatory option.
Our consulting services include
Cost-benefit analysis and impacts
Major investment decisions and policy changes should benefit your organisation, your target population or society more broadly. Our approach to cost-benefit analysis quantifies both tangible and intangible benefits, such as 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 new and existing products, services and offerings. Compliance with cost recovery guidelines and consumer law is essential to this. 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. Our consultants 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 takes into account the impact of interventions on market performance. Some government services (particularly health, education and defence) operate in areas where markets do not exist or are heavily regulated. Our consultants analyse the rules, procurement and procedures required for effective outcomes in less-than-fully-functioning markets. We consider market contestability, productivity, competition, performance and government stewardship of regulated markets.
OUR APPROACH
How our work combines to support market stewardship or major reforms
University as connector: How universities can align industry needs and student demands using data
Universities can play a key role connecting student demand for education with industry demand for skills. This paper explores how to use data to focus industry collaboration and student recruitment in ways that deliver benefits to them and universities.
