The benefits of sporting and cultural events are typically discussed in terms of their impacts on gross domestic product, employment or tourism. Is this the best way to evaluate their success? And if not, how should we?
Western Australia has a wealth of natural beauty and unique landscapes in the state´s natural parks, state forests and marine reserves. This, combined with growing international demand for nature-based tourism, should present a strong economic opportunity for Western Australia. Yet by and large the economic and social value of the state´s natural assets for tourism […]
A recent report prepared by Frontier Economics for the Water Services Association of Australia (WSAA) compares the current regulatory regimes for urban water businesses to ´best practice´, and identifies a number of improvements.
Taxis are an important component of Queensland’s transport system, bridging the gap where private or public transport is not available by offering flexible and convenient transportation. The taxi industry is a highly regulated industry, with regulations said to be in the interests of consumers. Apart from controls over drivers and vehicle standards, the size of the […]
People can spend money to buy many sources of happiness, such as living longer and healthier lives and having leisure time, yet the old adage that ‘money can’t buy happiness’ rings true. So why aren’t we like the rational, selfish homo economicus, for whom money always buys happiness?
This article comments on the implications of the Commonwealth´s recent entry into water markets as a trader of water.
This article examines the economic policy framework for successful urbanisation.
Following on from the article titled Water markets enter a new phase with first trade in environmental water, this article investigates alternative models for managing the Commonwealth´s environmental water holdings.
An examination of the issues associated with charity bins becoming dumping grounds and economic solutions to prevent it.
An examination of the issues associated with using markets to allocate exploration rights.