Publicly funded agricultural research bodies are under increasing pressure to ensure efficient allocation of resources and demonstrable returns on investment. In line with its mission to, 'maximise the economic potential of Queensland's primary industries on a sustainable basis' the Queensland...

Since 2004, the Queensland Department of Primary Industries and Fisheries has embarked on a rigorous evaluation of its R&D Programs, with Benefit Cost Analysis being a cornerstone of this work. The analyses conducted to date have proved to be powerful tools in internal resource re-allocation....