Making economic sense out of sustainability
Economics is an important area of activity that brings together an understanding of long-term biophysical and financial factors.
Whole-farm optimisation: The whole-farm approach recognises that farm resources are limited and different enterprises compete for such resources.
Risk analysis: It is well known that diversification is a useful tool for risk management. We also undertake research on the risks of long-term decisions and the consequences involved.
The economics of weeds, salinity and fertility: Our group is undertaking research in these areas with the aims of distinguishing between private and public benefits.
Agroforestry economics: Agroforestry enterprises can help control salinity, capture carbon and enhance biodiversity. Payments for these services are becoming more common around the world, and our group is at the forefront of research aimed at understanding how these payments can be captured by farmers.
