Water economics advisory

Across land, agriculture and water we deliver high-quality, evidence-based advice to inspire and enable positive change and improve decision making.

Our team help drive better decision-making through analysing economic and financial impacts, trade-offs and value

Whether assessing new major investments, managing existing assets and programs, reforming policy, or designing effective economic regulation and pricing, good economic analysis can help clearly define problems and assess potential solutions. Our economists are passionate about applying their skills and expertise to help our clients solve real-world problems. 

We specialise in: 

•    Economic appraisal and modelling
•    Regulation and pricing for the water sector
•    Business Case Development and Review
•    Commercial and corporate advisory

Our approach to providing these services is centred on working collaboratively to:
•    Understand the questions our clients are trying to answer and the  relevant context
•    Apply the latest economic techniques to unpack and understand    issues and options and develop solutions
Communicate economics in a way that can be widely understood

We routinely integrate our economics capability across areas such as asset management and infrastructure, strategy and performance, climate adaptation and resilience and corporate sustainability to provide integrated solutions based on robust economics combined with useful and useable advice.

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Our projects

Wind Turbines

Independent Verifier for OECD's Blue Dot Network

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Our services

We develop robust business cases and conducts thorough cost-benefit analyses. We integrate with client teams or work independently, using advanced economic assessment tools. Our comprehensive evaluations of costs, benefits, and trade-offs inform strategic decision-making for policy and investment options.

We specialise in quantitative economic modelling for optimised decision-making. We conduct comprehensive evaluations, including non-market valuations of environmental and social impacts. Our advanced analytical techniques provide crucial insights, empowering clients to make informed, strategic decisions in complex economic landscapes.

We provide expert guidance on economic regulation and pricing complexities. We optimise pricing strategies, ensure quality in regulatory submissions, and develop robust financial models. Our services help clients navigate regulatory requirements while maximizing value, supporting sustainable business operations.

We specialise in developing, reviewing, and implementing modern regulatory frameworks. We create tailored solutions that ensure compliance, drive strategic goals, and boost operational efficiency. Our collaborative approach helps clients achieve effective governance and long-term sustainability in their industries.

We develop customer-centric Monitoring, Evaluation, and Reporting frameworks, ensuring alignment with objectives. Our services drive continuous improvement and enhance accountability, ultimately benefiting clients' strategic success.

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How we help our clients

Stakeholder management

Facilitating and implementing stakeholder engagement strategies to support regulatory processes.

Quantitative economic modelling

Conducting quantitative economic modelling for optimized decision-making and economic evaluations, including non-market valuation of environmental and social impacts.

Strategy implementation support

Offering guidance on strategy implementation, performance outcomes, and customer-focused MER (Monitoring, Evaluation, and Reporting) frameworks.

Regulatory price submission support

Providing expert advice on complex economic regulation, pricing issues, and quality assurance for regulatory price submissions.

Revenue and price modelling

Drafting and supporting regulatory submissions, conducting independent expenditure reviews, and performing revenue and price modelling.

Supporting desired outcomes

Developing, reviewing, and implementing modern regulatory frameworks that drive desired outcomes.

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Sector-specific knowledge

We know the issues, the people and the systems

Client service

We are easy to work with and committed to delivering great outcomes

Integrated expertise

Our team of 14 water industry professionals across a multi-functional skill set and expertise is one of the largest pricing and regulation consulting teams in Australia.

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Water economics advisory Resources

Free webinar: 5 common mistakes water businesses make between regulatory reviews

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Ricardo's water pricing and regulation services

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Meet our new water pricing and regulation team

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Eleventh annual Water Markets Report published

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Meet the experts

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Richard Cawley

Associate Director - Water

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Chris Olszak

Director, Australia & New Zealand, Water and Environment

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Nada Abubakr B&W

Nada Abubakr

Middle East - Water Specialist

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