Financing aged care in Australia: Mitigating fiscal gaps and maintaining intergenerational equity. Aged care has been identified as a significant contributor to the growing fiscal problems predicted for Australian government finances during the next 10 to 20 years. This project will develop the cutting-edge modelling tools needed to allow Australia to make informed decisions about possible reforms in aged care financing. It will create significant national benefits by allowing detailed assessmen ....Financing aged care in Australia: Mitigating fiscal gaps and maintaining intergenerational equity. Aged care has been identified as a significant contributor to the growing fiscal problems predicted for Australian government finances during the next 10 to 20 years. This project will develop the cutting-edge modelling tools needed to allow Australia to make informed decisions about possible reforms in aged care financing. It will create significant national benefits by allowing detailed assessment of the distributional impact of a wide range of possible reforms, including how the outcomes of any policy change will affect disadvantaged sections of our society, whether different generations will be fairly treated, and the impact by gender.Read moreRead less
Modelling the lifetime social and economic impacts of fragile x syndrome and the benefits of early diagnosis and intervention. This project falls within the National Research Priority, promoting and maintaining good health, through a healthy start to life and strengthening of social and economic outcomes over the course of life. Fragile X is a group of associated genetic disorders affecting individuals across generations. It is the most common identifiable cause of inherited intellectual disabil ....Modelling the lifetime social and economic impacts of fragile x syndrome and the benefits of early diagnosis and intervention. This project falls within the National Research Priority, promoting and maintaining good health, through a healthy start to life and strengthening of social and economic outcomes over the course of life. Fragile X is a group of associated genetic disorders affecting individuals across generations. It is the most common identifiable cause of inherited intellectual disability. About 1 in 4000 males and 1 in 8000 females have Fragile X, but up to 1 in 250 females are carriers. For the first time in Australia, this study will reveal the social and economic impacts on the individual, on their family members who are often the lifelong carers, and on the Australian community, and show how these impacts may be minimised through early intervention.Read moreRead less
Assessing the national productivity impacts of chronic ill health. The project aims to address one of the biggest gaps in health and productivity research by designing a novel composite national metric that will rank lost productivity due to chronic illness The project brings together tax/transfer modelling, health modelling and epidemiological modelling specialists to develop a highly innovative microsimulation model: Health&WorkMOD to then quantify the costs of health-related productivity loss ....Assessing the national productivity impacts of chronic ill health. The project aims to address one of the biggest gaps in health and productivity research by designing a novel composite national metric that will rank lost productivity due to chronic illness The project brings together tax/transfer modelling, health modelling and epidemiological modelling specialists to develop a highly innovative microsimulation model: Health&WorkMOD to then quantify the costs of health-related productivity loss. The proposed model, an international first, will be a powerful tool to comprehensively model the cost impacts of illness and simulate policy options related to health and productivity. This will provide answers to critical policy questions for government with potential significant economic benefits.Read moreRead less
Motor vehicle injuries: economic evaluation of a new treatment modality. The management of injured persons following motor vehicle accidents is a serious health issue in Australia, with over 60,000 minor injuries and 20,000 major injuries occurring annually. This project will provide a cost-effectiveness analysis of a new multidisciplinary approach to managing minor injuries by utilising data from the Accident Care Evaluation (ACE) trial of a new clinic being tested for this purpose.
Resolving patients' complaints about hospitals: Responsive regulation by health ombudsmen. Ombudsmen help ensure integrity and accountability in societal institutions. This study of patients' complaints about hospitals to health ombudsmen in two states, and the responses of hospitals, will produce evidence on strategies for making hospitals more responsive to the public and more accountable for the quality of their care. Australia was a world leader in establishing health ombudsmen and this stud ....Resolving patients' complaints about hospitals: Responsive regulation by health ombudsmen. Ombudsmen help ensure integrity and accountability in societal institutions. This study of patients' complaints about hospitals to health ombudsmen in two states, and the responses of hospitals, will produce evidence on strategies for making hospitals more responsive to the public and more accountable for the quality of their care. Australia was a world leader in establishing health ombudsmen and this study will explore their impact upon the hospital system. Evidence-based strategies are needed to improve the accountability of service providers and regulators. Social and economic benefits flow from empowering patients and from improving hospital performance.Read moreRead less
The impacts of industry restructuring. This project aims to shed light on how Australia's workforce and communities will engage with the world of work in a future shaped by new business models and disruptive technologies. Using the closure of the automotive industry as a lens into this topic, the project will provide new insights into how displaced workers find work, use services, relate to others, and reshape their futures. It sheds light on the community-wide impacts of restructuring, providin ....The impacts of industry restructuring. This project aims to shed light on how Australia's workforce and communities will engage with the world of work in a future shaped by new business models and disruptive technologies. Using the closure of the automotive industry as a lens into this topic, the project will provide new insights into how displaced workers find work, use services, relate to others, and reshape their futures. It sheds light on the community-wide impacts of restructuring, providing new perspectives on how local resources and public policies best advance the process of adjustment.Read moreRead less
Developing A Framework To Evaluate Capability And Capacity Investment And Implementation
Funder
Fisheries Research and Development Corporation
Funding Amount
$69,825.00
Summary
The FRDC’s Capability and Capacity Building Plan identifies three objectives: • Investing in people to strengthen capability and capacity, showcasing career and development pathways to enable and empower our future workforce. • Establishing shared principles, values and trust through new ways of working to enable culture change and adoption. • Developing confidence, resilience and courage to solve problems manage uncertainty, respect and support each other. In turn, the plan outl ....The FRDC’s Capability and Capacity Building Plan identifies three objectives: • Investing in people to strengthen capability and capacity, showcasing career and development pathways to enable and empower our future workforce. • Establishing shared principles, values and trust through new ways of working to enable culture change and adoption. • Developing confidence, resilience and courage to solve problems manage uncertainty, respect and support each other. In turn, the plan outlines a range of initiatives the FRDC is investing in to achieve these objectives. One of the key needs under the plan is to monitor and evaluate capability and capacity building initiatives to showcase impact, identify lessons and adapt and improve. This proposal outlines First Person Consulting’s (FPC) proposed approach to developing a framework to evaluate the FRDC’s capability and capacity initiatives. Objectives: 1. We understand the key objective of this project is to develop an evaluation framework that can be applied to capability and capacity initiatives to:• showcase impact and change• fulfill FRDC’s performance reporting requirements• identify lessons and insights that can help improve initiatives and investment decisions Read moreRead less
A Study Of The Economic Impact Of The Northern Territory Fishing Industry
Funder
Fisheries Research and Development Corporation
Summary
Objectives: 1. Investigate the economic impact of fishing on the Northern Territory economy through identification of the multiplier effects associated with the industry's existence
Case Study For Collection Of Economic Data On Commercial Fishing Linked To The National Framework
Funder
Fisheries Research and Development Corporation
Funding Amount
$317,622.00
Summary
Fisheries managers, industry and the community have identified that there is a paucity of economic data upon which major fisheries resource management decisions are made. The need for economic data clearly exists. For example: · Government decisions are required on cost recovery, multiple use of marine resources and impacts of coastal developments on fisheries; · Fisheries managers make decisions on adjustment, resource sharing, and management arrangements; · Fishers make decisions ....Fisheries managers, industry and the community have identified that there is a paucity of economic data upon which major fisheries resource management decisions are made. The need for economic data clearly exists. For example: · Government decisions are required on cost recovery, multiple use of marine resources and impacts of coastal developments on fisheries; · Fisheries managers make decisions on adjustment, resource sharing, and management arrangements; · Fishers make decisions on fishing operations, vessel maintenance, replacement and upgrades; and . Processors, boat builders and infrastructure providers make investment decisions.
Each State and Territory in order to meet the objectives of equity, community benefit and efficiency of the use of fisheries resources requires the following: · a financial and economic database of commercial fisheries and processors which is current; · economic indicators for general fisheries management planning; · economic information for structural adjustment of the commercial fishing fleet; and · economic information for resource allocation decision making.
In some jurisdictions the fishing industry, Governments and Fisheries Agencies, along with the community, understand and accept that there are too many commercial primary fishing authorisations available for harvesting Australia’s fisheries resources. Failure to reduce this excess fishing capacity, particularly in Queensland, may lead to deteriorating economics of the industry and unsustainable levels of fishing.
Most States are now beginning to consider/undertake serious adjustment programs. However no methodology has been developed to incorporate financial viability and socio-economic information into the adjustment process. Queensland has just put into place a major policy for the adjustment of the commercial fishing fleet and has set aside $5M for the implementation over three years. However, cost effective implementation which meets fisheries management objectives requires this economic information.
The Queensland Department of Primary Industries is prepared to partly fund a study to gain economic data on their fisheries. QFMA fisheries logbooks, as is the case in all States, do not contain the financial and economic data needed to understand the profitability and behaviour of the fleet. The information has to be collected independently of these logbooks. The project will quantify the economic and financial aspects of the catching and processing sectors of the fishing industry. The information obtained will lead to better decision making by industry and fisheries management. Objectives: 1. Identify the most effective means of determining: the financial performance of the Queensland commercial fishing fleet and processing sector; the state, regional and port economic impacts (output, income and employment) of fishing operations; and economic indicators which can be used for adjustment and management purposes.. 2. Apply the above framework to an economic assessment of Queensland's fisheries. Read moreRead less
Economic Impact Assessment Of FRDC's Annual RD&E Investments: A Three Year Procurement
Funder
Fisheries Research and Development Corporation
Funding Amount
$452,225.00
Summary
It is becoming increasingly important for Rural RDCs to continually monitor and evaluate the returns from RD&E investment, as government and industry require greater transparency and accountability of RD&E funds.
In addition to FRDC’s Statutory Funding Agreement requirements for valuing return on investment and use in its Annual Reports, impact assessments of FRDC’s RD&E investments are needed to inform: – Future investment decisions – CRRDC’s overall performance review of impac ....It is becoming increasingly important for Rural RDCs to continually monitor and evaluate the returns from RD&E investment, as government and industry require greater transparency and accountability of RD&E funds.
In addition to FRDC’s Statutory Funding Agreement requirements for valuing return on investment and use in its Annual Reports, impact assessments of FRDC’s RD&E investments are needed to inform: – Future investment decisions – CRRDC’s overall performance review of impact generated by RDCs – Levy payers and government of the performance of investments.
GHD understands that the project will comprise two key components: – An economic impact assessment of up to 20 research projects for the three-year period FY23/24, 24/25, and 25/26 – An individual and aggregated report of all assessed projects at the completion of assessments.
GHD notes that within this period the first five assessments for FY23/24 are required by June 2024 with the remainder of the projects, i.e. 10, due in September 2024. These assessments are required to be consistent with the CRRDC Guidelines for Impact Assessments. FRDC RD&E projects are to be assessed annually to meet Statutory Funding Agreement (SFA) requirements for valuing return on investment for use in FRDC’s Annual Reports and performance of FRDC’s investments. In conducting the impact assessment project it will be important to note that one of FRDC’s key responsibilities is to ensure that research to assist management of fisheries and aquaculture resources is being undertaken to maintain ongoing sustainability. While the primary focus of these benefit-cost analyses over time has been economic impact, with references to environmental and social implications where appropriate, FRDC is increasingly interested in understanding the impact of R&D investments on environmental, social, and economic aspects more holistically.
Objectives: 1. To inform FRDC's delivery of R&D Plans and future investment decisions 2. To provide information on the return of FRDC’s RD&E investment that can be used in FRDC’s annual reporting to the Australian Commonwealth 3. To contribute to populating the Evaluation Framework for FRDC reporting to DAFF under the current SFA agreement 4. To provide FRDC input to the overall performance assessment of the RDCs being compiled by CRRDC Read moreRead less