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Handbook of Cost-Benefit Analysis January 2006

FINANCIAL MANAGEMENT REFERENCE MATERIAL NO. 6

© Commonwealth of Australia 2006 ISBN 1 921182 01 6 (print) ISBN 1 921182 03 2 (online) Department of Finance and Administration Financial Management Group Updated January 2006. This publication replaces the Handbook of Cost-Benefit Anlaysis, 1991, ISBN 0 644 149159. Cover Photo: Parliament House Canberra, photographer Lincoln Fowler, courtesy of Tourism Australia (FILE 100\100877). This work is copyright. Apart from any use as permitted under the Copyright Act 1968, no part may be reproduced by any process without prior written permission from the Commonwealth. Requests and inquiries concerning reproduction and rights should be addressed to the Commonwealth Copyright Administration, Attorney-General’s Department, Robert Garran Offices, National Circuit, Barton ACT 2600 or posted at http://www.ag.gov.au/cca. An appropriate citation for this document is: Commonwealth of Australia, Handbook of Cost Benefit Analysis, January 2006.

The Financial Management Reference series of publications
No. 1 No. 2 No. 3 No. 4 No. 5 No. 6 List of Australian Government Bodies. Governance Arrangements for Australian Government Bodies. Financial Management and Accountability Legislation. Commonwealth Authorities and Companies Legislation. Introduction to Cost-Benefit Analysis and Alternative Evaluation Methodologies. Handbook of Cost-Benefit Analysis.

iii

The Financial Management Guidance series of publications
No. 1 No. 2 No. 3 No. 4 No. 5 No. 6 No. 7 No. 8 No. 9 Commonwealth Procurement Guidelines, January 2005. Guidelines for the Management of Foreign Exchange Risk, November 2002. Guidance on Confidentiality of Contractors’ Commercial Information, February 2003. Australian Government Cost Recovery Guidelines, July 2005. Guidelines for Implementation of Administrative Arrangements Orders and Other Machinery of Government Changes, September 2003. Guidelines for Issuing and Managing

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