A Guide to Cost-Benefit Analysis

In this episode, we dive into the Australian Government's latest guidance from the Office of Impact Analysis (OIA) on using cost-benefit analysis (CBA) to shape smarter, more accountable policy decisions. Discover the nine essential steps to conducting a robust CBA—from identifying policy options to valuing future impacts—and learn how to navigate common challenges like quantifying intangible effects and ensuring intergenerational equity. Whether you're a policymaker, analyst, or curious citizen, this conversation unpacks why CBA is a cornerstone of good governance and how it helps deliver better outcomes for communities and the economy.