Renewables, Affordability and Reliability: What is the Future of Energy in Australia?
The affordability and reliability of Australia’s energy supply has become a dominating topic in politics, business and even at home barbeques. Rising retail and wholesale electricity prices; blackouts; load shedding; power plant closures; policy uncertainty and industry disruption have driven this national discourse.
The University of South Australia Business School, SA Power Networks and the Australasian Agricultural and Resource Economics Society joined forces to deliver a symposium which was held 6 February 2018 at the Adelaide Convention Centre, in order to candidly discuss issues, solutions and opportunities. The forum was specifically designed for industry, policy makers and academics working in energy, and participants heard from leading international and national experts.
The presentations have been made available by the speakers and can be downloaded below:
- Alan Moran: Future of Australian Energy
- Charlie Grover: Exploring opportunities for Australian Renewable Energy
- David Prentice: Energy Reform, Economics and Institutions
- Kumar Padisetti: Future of Australian Energy
- Mark Vincent: Industry Opportunities - DER Value Release
- Matthew Van Der Linden: Wholesale To Benefits Us All
- Mike Aitken: About CMCRC
- Stuart Johnston: The Electricity Transformation Roadmap 2017-27 Priorities and their Implementation
The full program can be downloaded here.
Urban Water Economics Workshop - Monday 5 February 2018
Benefit-cost analysis for water related projects
New standardized tool - state of knowledge of non-market values and how to assign benefit transfer
Venue: Adelaide Rockford, 164 Hindley St, Adelaide
Date: Monday 5 February 2018
Registration: 1:00 pm
The Cooperative Research Centre for Water Sensitive Cities (CRCWSC) is developing an economic evaluation framework to identify and quantify economic, environmental and community values of investments in water sensitive practices and systems. The project will deliver an evaluation framework and tool that users will apply to business case development and decision making at multiple levels in public and private sector organisations. The framework will help in better decision making to achieve water sensitive, liveable and resilient cities.
This seminar and workshop provided an update of the urban water economics tools and guidelines emerging from the CRCWSC to date and an opportunity to provide feedback on how the tools can be customised to best meet the needs of SA WSUD practitioners.
- South Australian collaboration CRCWSC economic evaluation framework project
- New tool for benefit-cost analysis of water-related projects and policies
- State of knowledge of non-market values of water sensitive systems and practices: Potential of benefit transfer
- How can the economic valuation tool be customised to meet the needs of SA practitioners?
- Professor David Pannell: Economic Analysis of Water-Sensitive Projects: Concepts and Tools
- Sayed Iftekhar: State of Knowledge of Non-Market Values of Water Sensitive Systems and Practices: Potential of Benefit Transfer
- Ranking Projects for Water-Sensitive Cities: A Practical Guide
- Review of Existing Benefit: Cost Analysis (BCA) Tools Relevant to Water-Sensitive Cities - Milestone Report 3.1
Book Launch - The Financial Consequences of Behavioural Biases - An Analysis of Bias in Corporate Finance and Financial Planning
This book provides a concise analysis of behavioural biases and their implications for financial decision making. The book is written in the normative tradition, arguing strongly for the superiority of behavioural finance with respect to explaining observed phenomena in financial markets. It offers some unique features, including a discussion of the issue of conspiracy theory and how behavioural biases lead to belief in conspiracy theories. Lingering belief in the principles of neoclassical finance is attributed in part to the doctrine of publish or perish, which dominates contemporary academia. The offshoots of behavioural finance are discussed in detail, including ecological finance, environmental finance, social finance, experimental finance, neurofinance, and emotional finance. A comprehensive discussion of narcissism is presented where it is demonstrated that narcissistic behaviour is prevalent in the finance industry and that it led to the eruption of the global financial crisis.
About the Authors
Imad A. Moosa is Professor of Finance at RMIT University, Australia. Before coming to academia, he worked in investment banking for a period of ten years. He has published extensively in both economics and finance.
Vikash Ramiah is Associate Professor of Finance at the University of South Australia. He has published extensively in behavioural and environmental finance, and he is a research fellow for the Institute of Global Business and Society, TH Köln, and Tianjin Academy of Environmental Sciences.
Date: Monday 18th of December 2017
Location: Trading Lab (Ground Level, Yugondi Building, City West Campus).
For any further information and enquiries please contact CMR-Research@unisa.edu.au
Payment for Ecosystem Services Symposium 2017
Policy and Payment for Ecosystem Services in Land and Water: Australian and Global Perspective
Recent natural catastrophes are drawing increased attention to the need to maintain natural capital and ecosystem services for a healthy society and economy. There is also a need for better understanding of the activities and policy approaches which can halt and reverse land and water degradation.
The Payment for Ecosystem Services Symposium focussed on understanding the practical challenges and state of the art research in managing natural capital in an efficient, environmental and socially equitable way.
This theme will be addressed from the Australian and international perspectives of:
- Public agencies
The Symposium was a free event supported by the University of South Australia, the Government of South Australia, and the Australasian Agricultural and Resource Economics Society.
Date: Friday 10 November 2017
Where: Adelaide Rockford, 164 Hindley St, Adelaide SA 5000 [ view map ]
Cost: Free – refreshments will be served
Further info T: 08 8302 0457
ACIAR Workshop - Institutional Mapping and Case Analysis of, Irrigation Management Transfer, in Sindh, Punjab, Bihar and Assam
On the 26th to 28th of September 2017, our Head of School Lin Crase travelled to Colombo, Sri Lanaka to partake in a workshop aiming to critically review the institutional mapping of IMT in each jurisdiction and report findings from the case analysis.
The outputs from the workshop informed the survey instrument that forms the second phase of the project. The survey will ideally collect data that can be pooled for cross-jurisdictional analysis but would also ideally be able to consider local nuances and issues.
A specific focus on compliance was also discussed as was the game theoretic proposition which is being developed.
At the end of the workshop each research partner had a clear understanding of the requirements to fulfil the objectives of the remainder of the project and the government participants gained an understanding of the on-ground benefits that could be garnered.
Journal of Contemporary Accounting and Economics (JCAE) Mid-Year Symposium
Download program ( PDF - 2mb)
The 2017 JCAE Mid-Year Symposium is jointly organised by the University of Technology Sydney, University of South Australia and Deakin University. The symposium provides a platform for accounting, economics and corporate governance academics especially from Australia, New Zealand and Asia to present cutting-edge research findings.
KEYNOTE SPEAKER: PROFESSOR GARY C. BIDDLE Gary is a Professor of Accounting at University of Melbourne and has previously served as Professor at University of Chicago, University of Washington, Hong Kong University of Science and Technology (HKUST) and University of Hong Kong (HKU). He is the Board and Executive Council Member of the American Accounting Association, Accounting Hall of Fame Selection Committee Member, Book Editor of The American Review and Accounting Area Editor of Journal of International Business Studies. Previously, Professor Biddle has served on various professional accounting bodies such as Hong Kong Institute of Certified Public Accountants (HKICPA). He is an expert in financial and management accounting, value creation, economic forecasting, corporate governance and performance metrics. Professor Biddle’s research appears in leading academic journals such as Journal of Accounting and Economics, The Accounting Review, Journal of Accounting Research and Contemporary Accounting Research. He is ranked among the top 0.4% in career research citations.
Date: Friday 30 June 2017
Location: Hawke Building, Level 5, Bradley Forum 50-55 North Terrace, City West Campus University of South Australia
For more information contact: Katt Robertson 02 9514 3560
I4C Research Visit
On the 4th and 5th of September, four I4C researchers visited The School of Commerce to help build research collaboration and provide an opportunity to identify ways in which their research can be supported.
The group from I4C researchers comprised of:
- Dr Habtamu Tilahun Kassahun, Postdoctoral Research Fellow
- Dr Flavio Freire Souza, Postdoctoral Research Fellow
- Dr Aiste Ruseckaite, Postdoctoral Research Fellow
- Dr Rachel Milte, Research Fellow