Archived News

Economic modelling of housing reforms

Cadence Economics combined our CGE modelling capabilities with the housing experience of SGS Economics and Planning as part of our capability partnership to undertake economic modelling of a wide range of housing reform options considered by the Victorian Government.

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Australian tourism in the Year of the Rooster

Record tourism numbers, a recently signed open skies agreement and significant economic benefits. But are there clouds on the horizon when it comes to Chinese tourism?

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Cadence Economics in modelling partnership

Cadence Economics and SGS Economics and Planning have launched a game-changing partnership for the provision of economic modelling services.

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Estimating the impacts of cost reductions

Cadence Economics contributed the economic modelling underpinning the analysis of business cost reductions in the latest Australian Industry Report released by the Department of Industry, Innovation and Science.

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International air freight at Canberra Airport

Cadence Economics in partnership with Auxiem Management Consultants has assisted the ACT Government Chief Minister, Treasury and Economic Development Directorate to measure the economic upsides of international air freight developments at the Canberra Airport.

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What's a university worth?

Cadence Economics has assisted the University of Wollongong to measure its economic and social contribution.

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Correcting the costs of alcohol

The costs of alcohol to taxpayers or the economy are often overstated or misrepresented. The Menzies Research Centre today released a report evaluating the claims made about the costs and benefits of alcohol, drawing on Cadence Economics research that tested the claims made.

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Devil is in the detail

Cadence Economics was commissioned by the NSW Minerals Council, the Minerals Council of Australia and the Queensland Resources Council to independently review the modelling undertaken, and test the conclusions drawn in the paper 'Never gonna dig you up! Modelling the economic impacts of a moratorium on new coal mines'.

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Cost Benefit Analysis of Invincible Project

Cadence Economics estimates the net economic benefits of the Invincible Southern Extension Project.

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Global trade analysis: Aluminium and Steel

Cadence Economics recently assisted the Anti-Dumping Commission with analysis of Asian steel and aluminium markets and CGE modelling of the economic impacts of dumping and subsidisation on the Australian steel and aluminium industries.

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Quality economic modelling more important now than ever

Given the outcome of the recent election, it is apparent more than ever that economic policy at the Federal level will be now open to more scrutiny, debate and negotiation given the rise of minor party and independent candidates. Quality economic modelling can play a critical role in policy development bringing discipline, rigour and structure to the economic debate.

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Welcome Dr Rob Bourke

Cadence Economics is pleased to announce that Dr Rob Bourke is joining the firm as an Associate. Rob is a defence expert, having spent the last 10 years as a senior executive in the Australian Department of Defence, with unparalleled experience in issues relating to defence procurement policy and formulation.

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Welcome Joe Branigan

Cadence Economics is pleased to introduce Joe Branigan as an Associate. Joe joins us as a leading regulatory economist with 20 years experience in the public sector, academia and private sector consulting. He is a former regulator at the Queensland Competition Authority (QCA) and has a wealth of experience, particularly in Queensland public policy development, including infrastructure, competition policy, fiscal policy and regulation.

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The Graduate Effect

We have used an innovative economic modelling approach to estimate the economic spillover effects of new university graduates on Australia's jobs, wages and economic growth for Universities Australia.

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The Graduate Effect

We have used an innovative economic modelling approach to estimate the economic spillover effects of new university graduates on Australia's jobs, wages and economic growth for Universities Australia.

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Cadence Economics launches 'game changing' economic modelling capability

Cadence Economics has developed proprietary software that now allows CGE modelling to be more accessible than ever. If you can run Excel, you can now run our in-house, state-of-the-art CGE model.

This platform brings a new approach to applied CGE modelling that allows for better client service, ease of capability transfer, a revolution in training, and greatly enhanced collaboration possibilities.

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Value capture from transport projects: proceed with caution

Harvesting land value uplifts from transport infrastructure projects is becoming increasing popular as a financing mechanism for major projects.

Cadence Economics recently assisted the SMART Infrastructure Facility with their submission to the current parliamentary inquiry. The role of transport connectivity on stimulating development and economic activity, which has a major focus on the role of value capture mechanisms to fund major transport projects.

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Cruise Tourism for Brisbane: All Ahead Full

Queensland Premier Annastacia Palaszczuk recently announced the planned Brisbane Cruise Ship Terminal is moving to the detailed assessment phase.

Given the trend to larger cruise ships without this facility Brisbane risks 'missing the boat' when it comes to this fast growing segment of the tourism market, estimated to add $1.3 billion in tourism dollars to the Queensland economy.

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International education - the new boom?

In 2015 higher than expected international student numbers contributed an additional $2.9 billion dollars in spending and $2.5 billion to Gross National Income. This equates to $106 of additional income per Australian.

If strong growth continues we estimate an increase in Gross National Income of $4.7 billion, and 6,334 additional jobs in 2020.

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Restoring the ABCC

If the building and construction sector could increase its productivity by 5%, this would add an additional 0.7% to Australia's real Gross Domestic Product in 2020 (around $13.1 billion).

This would be driven by additional investment that we estimate would increase by 3.5%, creating an additional 4,000 jobs.

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Chinese tourism aids our transition from mining boom

With the overwhelming pessimism lately about Chinese economic growth prospects, a bright spot emerging last week was that the number of Chinese tourists visiting Australia had surpassed the one million mark in the 12 months ending November 30. This was an increase of just under 22% from the previous year.

We estimate that the stronger than expected growth in Chinese visitation could add $3.7 billion to Australian income in 2035, and bring an additional 3,900 full time equivalent jobs.

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PBS Co-Payment Discount: A cost-benefit appraisal

Cadence Economics, in conjunction with Green Square Associates, have sounded a warning about the economic impacts of the Commonwealth Government's (already legislated) proposal for pharmacists to offer up to a $1 discount on the PBS co-payment from 1 January 2016.

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Cadence Economics assists NSW Minerals Council with submission

The NSW Minerals Council commissioned Cadence Economics to provide comment on the Draft Guidelines for mining and coal seam gas projects.

Cadence Economics specialises in quantitative economic analysis, particularly relating to cost benefit analysis (CBA), local effects analysis and economic impact assessment more broadly.

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Fiscal impacts of codeine changes

The Pharmacy Guild of Australia engaged Cadence Economics to undertake an analysis of the fiscal impacts (and related issues) of all medicines containing codeine to require a prescription.

We estimated that if OTC codeine rescheduling went through, 53 per cent of patients would elect to visit a GP to get a script for a codeine-based analgesic. This could cost the federal government up to $316 million a year.

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A smart new world

Cadence Economics, in association with the Australian Food and Grocery Council, Telstra and GS1, have launched a new report examining the economic opportunities and challenges associated with using new technologies to improve the delivery of product information to consumers.

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The impact of reduced Chinese growth

Our modelling shows that a sustained one percentage point reduction in Chinese GDP growth translates to an income reduction of $509 for every Australian.

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Focus Economics forecasts

Latest forecast for Australian GDP from the Cadence Economics global general equilibrium model: calendar year 2015 GDP (compared with calendar 2014) revised down to 2.2% following June quarter national accounts release.

Transaction Support

Cadence Economics completes transaction advice on the lease of Port Hedland Airport. Acting for a shortlisted bidder, we were engaged as part of a consortium of experts to provide traffic forecasts for the airport. We considered a wide range of issues such as the outlook for passengers, aircraft movements and tonnage under various scenarios, and the linkage of the airport to future conditions in the iron ore market.

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