Etheus

Active transport investments can generate significant health, safety, and amenity benefits at relatively low cost, particularly where they induce new active transport trips.   However, there are several challenges in the forecasting and appraisal of active transport investments, particularly when delivered through grant programs where there is uncertainty about the final scope and locations until submissions are received.   Our Investment and Economics team led by Lee Jollow has been working with Transport for NSW to overcome these limitations in business cases for several active transport programs targeting groups such as school children and women.   Our paper on overcoming these challenges has been accepted for publication and presentation at the 2024 Australasian Transport Research Forum (ATRF) at the end of November 2024. It presents a range of practical tools and techniques to deal with uncertainty including benchmarking, break-even analysis and mode share analysis.   If you are facing similar challenges in your business cases and economic appraisals, please don’t hesitate to get in touch and we would be happy to share our insights.   #ATRF #activetransport #economicappraisal #programevaluation #breakeven

Etheus is really proud to welcome Aileen Gutierrez to its team as a Director in our Investment & Economics team. Aileen believes deeply in and is an advocate for infrastructure providing the foundation for our communities, cities and countries to thrive. She has extensive experience in capital planning, business case development, project assurance and asset management, has a holistic view across the project lifecycle, and has particular expertise in all the principles and objectives that deliver social impact and value to our communities.

Etheus is excited to welcome on board Tony Eames as National Lead Commercial & Delivery! Tony is a strategic and collaborative executive leader with over 20 years of experience in the transport, social infrastructure and property sectors. He has led and managed multi-disciplinary teams in complex project environments with a strong focus on individual and team performance, collaboration, managing client-side risk and achieving exceptional outcomes. Tony has demonstrated capacity to deliver projects while effectively engaging with government agencies, the private sector, internal and external stakeholders.

Congratulations Greater Wellington Regional Council and Horizons Regional Council! Etheus is very proud to be providing Transaction Management Services for this landmark investment.

How can we measure and communicate the social value of our projects in a more rigorous and credible way?   Approaches to estimating social value too often side-step direct valuation of these benefits, opting for more indirect approaches to measure impacts. But this need not be the case.   Etheus economists are putting the “value” in social value, drawing on lessons learned across multiple sectors and jurisdictions to make sure social benefits are credible and counted.   Lee Jollow recently shared insights and approaches in a webinar for the Australasian Transport Research Forum (ATRF). He discussed emerging approaches to estimating social value which covered a range of approaches for social benefit estimation that could be included in cost benefit analysis.   If you are interested in learning more about how to measure and communicate the social value of your programs or projects, please get in touch.   #ATRF #socialvalue #economics #Etheus

The High Speed Rail Authority (HSRA) is on track to deliver the Sydney to Newcastle High Speed Rail Business Case with tenders awarded to leading experts.    The Detailed Business Case will determine important elements of the network including proposed corridor alignment, station locations, fleet, cost estimate and construction timeframes. Etheus, in collaboration with our partners, will contribute to four important work packages for the Sydney to Newcastle High Speed Rail Business Case, they include: 🚄 Business Case Management Services delivered through our partnership with RPS 🚄 Economics, Funding and Financing, Demand Modelling and Economic Development Strategy delivered through our partnership with EY 🚄 Commercial, Delivery Strategy and Industry Engagement delivered through our partnership with EY 🚄 Technical Advisory delivered through our partnership with WSP in Australia and Arcadis Our team is honoured to continue working with HSRA on the detailed business case following earlier work towards the East Coast High Speed Rail Strategic Plan. #Etheus #HSRA #HighSpeedRail #Infrastructure #BusinessCase

We're excited to unveil our newly refreshed website! Link to the website provided in the comments below. Our refreshed site features a more comprehensive look at our projects, services, team, and impact we create. We invite you to visit our new website and explore the updates we've made. #Etheus #NewWebsite #Infrastructure #ProjectDevelopment #DevelopmentLeadership #BusinessCase #Economics #TransactionManagement #Commercial

From everyone at Etheus, we hope you had a Merry Christmas, and wishing you the happiest of holidays and a great 2024! 🎄🎉

The conversation around housing supply in Australian cities, particularly in proximity to infrastructure corridors, is gaining momentum in and around Australian cities. To support these ambitious housing endeavours, how can we improve our land use forecasts for more accurate estimation of urban renewal benefits from land use change? How can we better account for supply-side constraints to help meet our housing aspirations? Lee Jollow and Brent Winter provide a new approach to land use forecasting for mass transit projects. Addressing common criticisms of existing techniques which do not explicitly have controls for supply side constraints, their research was presented at the Australasian Transport Research Forum (ATRF) Annual Conference at the University of Western Australia in Perth this week. The paper presents a new approach to land use forecasting for mass transit projects, with case studies from the Gold Coast Light Rail. This addresses common criticism and drawbacks of existing approaches which do not explicitly have controls for supply side constraints. This is achieved through development feasibility modelling, which estimates the costs and returns of development around light rail stations, compared to threshold rates of return, to determine whether developments would likely proceed in practice. It also estimates land value uplift in proximity to light rail stations, supported by regression modelling, to demonstrate the additional development which would be directly attributable to light rail. Lee is Etheus’ National Lead of Investment and Economics and a nationally recognised transport and land use economics expert. Brent is a Director of Investment and Economics specialising in land use and property economics, data analytics and visualisation. Please don’t hesitate to get in touch to explore how these enhanced methods and techniques can propel your project to the next level. #ATRF2023 #landuse #forecasting #lightrail #cityshaping #developmentfeasibility #socialvalue #regionaldevelopment #urbanrenewal

The Australian Government has taken an important step in establishing the High Speed Rail Authority, paving the vision for a transformative High Speed Rail Network along the east coast of Australia stretching from Melbourne to Brisbane. The endeavour isn't just about transport and rail, it's about creating transformational change. The High Speed Rail Network promises substantial benefits to communities, individuals, and industries. It will boost employment, enhance connectivity, elevate liveability, promote sustainable settlement patterns, and deliver strong sustainability outcomes.   Navigating this monumental task requires careful planning and dedication. The High Speed Rail Authority shoulders the immense responsibility of advising, planning, and overseeing the development, construction, and operation of a groundbreaking 1,700km high-speed rail network along Australia’s eastern seaboard.   We're honoured to have been selected to contribute to this venture. Our role involves crafting a strategic plan and critical supporting strategies, outlining how the east coast High Speed Rail Network can be developed. We're deeply committed to this task, positively shaping and improving Australia's future. Andrew Anastasiou, Sheldon Sherman, Lee Jollow, Ben Pask, Brent Winter, Rathini Mahendran, Henry Mi, Donald Phillips