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Australian farmers face between three and ten times the level of production risk faced by farmers in competing countries worldwide (OECD-FAO, 2011). Consequently, in Australia, identical management plans may result in sharply contrasting distributions of financial outcomes. These differences...
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We consider the limitations of optimisation analyses that ignore farm-level financial risks arising from combinations of high fixed costs, including debt burdens and highly variable local weather and prices. A sequential multivariate analysis method is used to compute cumulative distribution...
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This study analyses the financial risk faced by representative mixed-enterprise farm businesses in four regions of south-eastern Australia. It uses discrete stochastic programming to optimise the ten-year cash flow margins produced by these farms, operating three alternative farming systems....
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After the removal of no surcharging rules, average credit card interchange fees in Australia were cut almost in half in 2003 as part of a suite of credit card industry reforms, aimed at reducing the relative attractiveness of credit card use. This paper tests whether the reforms are associated...
Persistent link: https://www.econbiz.de/10013148243
This report looks at some of the methodological considerations in valuing the benefits of broadband. It has a particular focus on these considerations in the context of the planned National Broadband Network (NBN) project in Australia and in the context of any social cost benefit analysis of the...
Persistent link: https://www.econbiz.de/10013067936