In December 2018, Essential Economics became part of Ethos Urban, a leading national urban solutions company that blends design, economics, engagement and planning to create sustainable futures centred around human needs.
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Regional Business Cost Benchmarking

Urban and Regional Economics

This groundbreaking report was prepared for a State Government Development Agency and sought to identify and benchmark the costs of establishing and operating businesses in regional and metropolitan areas. Extensive consultation was undertaken with a wide range of stakeholders including local businesses, industry representatives, Government agencies and Local Government Economic Development Units.

A total of 43 indicators for a range of cost categories were developed and combined into a set of overarching measures for ease of comparison.  This work has subsequently influenced and informed considerable policy development and economic development initiatives.