MAY 2023 - COST BENEFIT ANALYSIS 3
Department of Primary Industries (Marine Estate Management Authority) commissioned a Cost Benefit Analysis, carried out by the University of NSW. The CBA was determined using practices recognised by NSW Treasury. The key result being that broadscale Tuckean Swamp restoration has 3.4 times more benefits than costs, compared to existing land uses. The benefits outweigh the costs for time horizons longer than 11 years. Most of the benefits accrue to the wider community on the Richmond River.