Paying the price

Paying the price

This forum took place on 17 June 2014

Duration: 1 hour approx.


Hosted by Tanya Ha, award winning science journalist and former ABC Catalyst Reporter

Research projects covered: Economics and Integrated economic assessment of fire risk management strategies

Whats it about?

Studies into economics indicate that economic evaluation is a useful tool for bushfire management, but is currently under-utilised within agencies. A number of key actions have been identified to increase the use of economic evaluation methods. These include increasing economic expertise amongst bushfire management and policy professionals, and designing economic evaluation that connects to the broader social and political context of bushfire management decision-making.
Case Studies of integrated assessment of fire risk management strategies in New Zealand’s Central Otago region and South Australia’s Mount Lofty Ranges provide insights into the question of which fire-prevention strategies provide the best value for money. A decision framework has been developed to provide an integrated assessment of the benefits and costs of fire risk management strategies. The study highlighted which fire risk management strategies (including prescribed burning) are likely to produce the highest benefit per dollar spent. The research demonstrates that the methodology works and can provide valuable decision-making inputs to fire management programs.


Learn more about the research in this short video


Replay The Entire Forum


Who attended?

  • Chief financial officers
  • Senior executives
  • Fire and land managers

Key resources you should know about

News from the Event

The Paying the Price online forum, part of the Research to Drive Change series, is now available for replay.
Join leading researchers and industry representatives in interactive discussion for the Paying the Price online forum on Tuesday 17 June at 12:30pm, part of our Research To Drive Change series.