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Guest lecture

A Review of Government Cost-Benefit Analysis Guidelines

Event series: 

The Treasury is pleased to sponsor the following Treasury Guest Lecture by Dr George Argyrous.


A number of government in Australia and New Zealand have developed guidelines for public sector managers to conduct cost-benefit analysis. These guidelines, while developed with reference with each other, differ on some fundamental issues. Four major differences emerge from a review of these guidelines: the choice of discount rate, the treatment of qualitative costs and benefits, the way in which distributional considerations are to be taken into account, and the rule to use in selecting among options where benefits exceed costs.


Dr Argyrous is a Senior Lecturer at ANZSOG on secondment from the School of Social Sciences and International Studies at The University of New South Wales (UNSW), where he has taught political economy, research methods and statistics since 1992, publishing many articles on the use and abuse of research. He is also the author of the popular international text, Statistics for research. Dr Argyrous has also acted as a consultant to many private and public sector organisations, including the Australian Broadcasting Authority, Optus, the City of Sydney, and the New South Wales Department of Education, on a range of research projects, as well as providing training in research methods to the Human Rights and Equal Opportunity Commission (HREOC) and the Australian Securities and Investments Commission (ASIC). In January 2011, Dr Argyrous joined the ANZSOG academic faculty as ANZSOG Senior Lecturer in Evidence-Based Decision-Making.

Note: Papers, presentation slides and any other material provided by the Guest Lecturer will be made available some time after the lecture at Publications > Media & Speeches > Guest Lectures by Visiting Academics.

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Last updated: 
Monday, 11 February 2013