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Cost Benefit Analysis of independent disability advocacy

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Presentation on theme: "Cost Benefit Analysis of independent disability advocacy"— Presentation transcript:

1 Cost Benefit Analysis of independent disability advocacy

2 Research economists Professor Anne Daly
Anne is a Professor of Economics at the University of Canberra and member of NATSEM. Greg Barrett is an economist and former lecturer at the University of Canberra where he taught Cost Benefit Analysis for many years. He has authored several cost benefit analyses. Rhiân Williams is a mediator and researcher. 

3 Funded by DAV (Vic) Valid (Vic) Leadership Plus (Vic)
ADAAustralia (Qld) ADACAS (ACT) PWDA (NSW & Qld) PDCN (NSW) Speak Out (Tas) AFDO (national) Assisted by: EDAC (WA), IDRS (NSW), QAI (Qld), DFA (national)

4 What is Cost Benefit Analysis?
Cost Benefit Analysis (CBA) is a powerful tool for determining the economic value of a program or project. It is widely used by governments to evaluate the impact of their policies on the economic wellbeing of their constituents.  Independent disability advocacy provides a substantial net benefit to the Australian economy. In 2017, the aggregate NPV of independent advocacy for people with disability in Australia is measured at almost $600 million in 2017 dollars. The benefit cost ratio of 3.5:1 is high compared with other investments. The results validate the economic rationale for government funding for independent advocacy for people with disability in Australia and its continuation.

5 Outcome of this CBA  Independent disability advocacy provides a substantial net benefit to the Australian economy. In 2017, the aggregate NPV of independent advocacy for people with disability in Australia is measured at almost $600 million in 2017 dollars. The benefit cost ratio of 3.5:1 is high compared with other investments. The results validate the economic rationale for government funding for independent advocacy for people with disability in Australia and its continuation.

6 State/Terr Sept 17 1 July 2018 1 July 2019 1 July 2020 NSW $10.9 m Vic $9.1m $9.1 $2.9 Qld $13.1 WA $6.3 SA $1.9 TAS $2.3 ACT $1.4 NT $0.4 Total St/T $45.4 m $32.6 $10.6 NDAP (DSS) $18m Total $63.4 $50.6 $28.6


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