Economic Products and Services

Work with our economists and economic development experts to understand your local economy

Do you need an economic assessment to inform business planning or evidence to support advocacy, grant funding, infrastructure or event funding applications?

Our analysis of urban and regional areas brings together local economic, demographic and property information in the context of broader macroeconomic and demographic trends.

Partnering with Australia’s leading small area economic modelling and forecasting group, NIEIR, we provide high-quality evidence, insights and advice to inject confidence into the decision making process.

 

Economic analysis

The evidence you need to understand your local economy
urban-economics

Economic profiles

Consulting report

Our economic profiles tell the story of local economies. Looking beyond merely repeating factual statements and presenting data, our approach is designed to better inform councils about a location’s strategic strengths and weaknesses as they develop over time. We tailor the story to the audience, using charts, tables and maps to complement a narrative that identifies the unique characteristics of a local area.

Economic Outlook

Online tool

Online tool providing an extended economic and jobs forecast for your local area across 96 industries.

This tool is aimed at helping decision makers understand the economic forces impacting their region so that they can plan ahead to manage specific industry challenges and seize opportunities.

Many Councils are using this tool to help inform their COVID-19 recovery plans.

Click here for more details.

Economic Health Check

Consulting report

A comprehensive analysis of the local economy. Covers current economic position, recent trends, drivers of recent change, strategic sectors and localised SWOT.

Useful for assessing the current state of play in the economy and crucial first step in the development of a long term economic development strategy.

Click here for more details.

balance

Benefit-cost assessments and impact modelling

Consulting report

.id’s economic evaluation framework supports the preparation of business cases for State and Federal Government funding submissions. We provide councils with a detailed evidence base to support their business case, consisting of four inter-related parts: Strategic context analysis; Benefit Cost Analysis; Economic Impact Analysis and Wider Community Benefit Analysis. From airports to major events and recreational facilities, we provide comprehensive benefit-cost analysis and economic impact modelling for a range of projects.

Online Industry Profiles

Online tool

Online profiles of key or customised industries/sectors (e.g. Creative sector) covering headline figures, recent growth, competitiveness, worker characteristics and key businesses.

Profiles allow you to set sector baselines, monitor major industry movements, highlight strategic sectors to investors, identify unique local characteristics.

COVID Impact Analysis

Consulting report

Detailed report summarising the economic impacts of the COVID pandemic to your local area and recommendations for actions to manage this challenging period.

Provides a concise overview of impacts that can be used to communicate across council and to the local community. Suggested actions can inform mid-range economic development plans.

Quarterly Economic Insights

Online tool

Online tool providing quarterly benchmarked data across areas including GRP, jobs, building approvals, visitation, house prices.

Report (4 per year) allows you to monitor economic movements in your local and identify trend shifts before a year is over. A useful conversation and communication tool with the local business community

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