Economic Impact Study of the CRC Programme

This study, commissioned by DEST, considers, and where possible quantifies, the wide range of economic, environment and social impacts from the CRC Programme.

The study looked at a four level hierarchy of economic impacts/benefits:

1. Benefits that occurred as a direct result of CRC Programme funding and have been delivered;
2. Level 1 benefits plus benefits which are not wholly attributable to CRC Programme funding and for which an approximate attribution rate has been applied;
3. Level 1 and Level 2 benefits plus benefits which are considered imminent but not yet realised.
4. Contingent benefits that carry an expected value but where that value will only be actualised if a certain set of conditions/ events occur.

The study found that for each dollar invested in the CRC Programme:

• Australian GDP is cumulatively $1.16 higher;
• Total Australian Consumption is $1.24 higher; and
• Total Investment is $0.19 higher.