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.