Archive for category: 38 – Economics

Trust your honey

February 28, 2022/in 35 - Commerce, Management, Tourism and Services, 38 - Economics, Business, Economy, Environment, Stories /by Scott Mitchell

Australian honey is one of the few honeys still collected from native bushland and forests and is considered some of the purest in the world. Additionally, due to our strict biosecurity measures, it is also free from most honeybee diseases negating the use of husbandry chemicals and antibiotics. Honey is claimed to be the third most adulterated food product, through the addition of syrups, and so it is important for producers, exporters and consumers, to have confidence in the quality of Australian honey bee products.

INFFER – applying economics in environmental management

April 5, 2019/in 38 - Economics, Economy, EI Case study, Environment, Science /by Scott Mitchell

The Investment Framework for Environmental Resources (INFFER) is a set of tools and frameworks that has redirected investments worth tens of millions of dollars by methodically demonstrating the value for money, or lack of it, in environmental project options. Since 2011, 20 of Australia’s 56 regional environmental management bodies have undertaken training in INFFER and are now using it to develop, evaluate and prioritise environmental projects. INFFER helps managers assess and rank environmental and natural resource projects and provides a framework for economic thinking in the decision processes. Impacts have been seen in greater environmental benefits through better design and prioritisation of environmental projects in publicly funded programs.