Synergies Economic Consulting

What Synergies Economic Consulting does

Synergies Economic Consulting is a privately held Australian economic advisory firm founded in 2004 and headquartered in Brisbane, with additional offices in Perth, Sydney, Melbourne, and Darwin. The firm provides expert economic analysis to government agencies, regulated utilities, and private sector clients across the energy, water, transport, mining, agriculture, health, telecommunications, and tourism industries, with services covering regulatory economics, cost-benefit analysis, economic impact modelling (including CGE and Input-Output modelling), WACC assessment, non-market valuation, expert testimony, public policy analysis, and program evaluation.

The firm's technical foundation rests on a maintained suite of analytical tools, including the proprietary Synergies Agricultural Water Demand Model (a national forecasting model covering commodity and sub-region granularity), regional Input-Output models for most Australian jurisdictions, CGE models spanning up to 120 industries and commodities, and established methodologies for non-market valuation, econometrics, benchmarking, and pricing strategy. Its competitive positioning is built on senior-led delivery: directors and principals personally manage and deliver engagements, supported by a roster of Professor-level academics and former regulators. The firm holds ISO 9001:2015 certification awarded in June 2019 by Intertek SAI Global.

Synergies operates a sales-led, direct-engagement professional services model with revenue generated project-by-project from clients negotiating fees based on scope and complexity. Customer acquisition is driven primarily by thought leadership (insights, case studies, reports, email newsletter), industry event participation, and professional referrals, with no public pricing, no SaaS or productized offering, and no disclosed funding or external investment. Notable engagements include the Rookwood Weir project ($568.9 million), Transpower's RCP3 expenditure proposal in New Zealand, regulatory reviews for ElectraNet and Western Power, and policy work for the Commonwealth Grants Commission and Queensland Treasury Corporation.

Name

Synergies Economic Consulting

Legal name

Synergies Economic Consulting

Website

https://synergies.com.au

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

11–50 employees

Short description

Synergies Economic Consulting is a Brisbane-based private Australian economic advisory firm founded in 2004, serving government agencies, regulated utilities, and private clients across energy, water, transport, mining, agriculture, health, and telecommunications with regulatory economics, cost-benefit analysis, CGE modelling, and expert testimony services.

Ownership category

akta.pro rank

Product category

Economic Consulting

NAICS

Management Consulting Services (54161), Administrative Management and General Management Consulting Services (541611)

SIC

Services-Management Consulting Services (8742), Services-Engineering, Accounting, Research, Management (8700)

akta.pro primary industry

Strategy & Corporate Development Consulting (BPAHACAA)

akta.pro secondary industry

Public Sector & Policy Consulting (BPAHACAN)

Keywords

• Economic consulting
• Regulatory economics
• Cost benefit analysis
• Public policy advisory
• Utility regulation

Headquarters

HQ city

Brisbane

HQ country

Australia

HQ region

Oceania

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. Economic Consulting Services: Synergies generates revenue through providing expert economic consulting services to government and private sector clients. Engagements include regulatory advice, policy analysis, business case development, economic impact assessments, and expert testimony. Services are delivered by senior economists on a project-by-project basis with direct senior involvement in project delivery.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Synergies Economic Consulting is an Australian economic advisory firm providing expert economic, regulatory, and policy consulting services to government agencies, regulated utilities, and enterprises across industries including energy, water, transport, mining, agriculture, health, telecommunications, and tourism. Services span cost-benefit analysis, regulatory pricing, economic impact modelling, business case development, expert testimony, and policy evaluation, delivered by senior economists on a project-by-project basis. The firm also maintains proprietary analytical tools, including the Synergies Agricultural Water Demand Model and regional input-output models, to support rigorous quantitative analysis.

Product overview

Synergies Economic Consulting operates as an economic advisory firm rather than a software product company. Their offering consists of consulting services organized around multiple disciplines (Behavioural Economics, Business Case Development, Regulatory Economics, etc.) supported by analytical tools and methodologies. Key products include the Synergies Agricultural Water Demand Model (a national forecasting model), alongside various analytical tools such as Cost Benefit Analysis, Economic Impact & CGE Modelling, Financial & Economic Modelling, WACC Analysis, Non Market Valuation, Benchmarking & Productivity Analysis, Consumer Sentiment Analysis, Econometric Analysis, Pricing Strategy Analysis, Industry & Stakeholder Surveys, and Stakeholder Engagement services. These are delivered as professional consulting engagements across industries including Energy, Water, Transport, Agriculture, Mining, Health, Tourism, Telecommunications, and Government & Social sectors.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Completed economic analysis for major water infrastructure projects including the $568.9 million Rookwood Weir project
• +2 more outcomes

Named customers12 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Three partnerships are on record, tiered minor.

• GHD AdvisoryminorImplementation/ SI/ Consulting PartnerPartnership with GHD Advisory for independent verification of Transpower's RCP3 expenditure proposal in New Zealand. Synergies (in partnership with GHD Advisory) was engaged to provide independent verification opinion on capital and operating expenditure forecasts.
• JacobsminorImplementation/ SI/ Consulting PartnerCollaboration with Jacobs on modelling urban public transport expenditure levels for the Commonwealth Grants Commission. The engagement involved reviewing and improving models used to determine state urban transport and infrastructure expenditure requirements.
• DBM ConsultantsminorImplementation/ SI/ Consulting PartnerPartnership with DBM Consultants for assessment of health and safety benefits of electrical switch protection devices in Queensland. Synergies led the engagement with DBM providing research support.

Scale indicators4 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• ACIL Allen: Independent Australian economic and policy consultancy with comparable size, sector breadth, and regulatory-advisory focus; competes directly for government, infrastructure, and resource sector mandates.
• Frontier Economics: Specialist economic consultancy with strong energy, transport, and regulatory-economics practices and offices in Australia; closest international peer on economic regulation and network-pricing work.
• NERA Economic Consulting: Global specialist in regulatory economics, antitrust, and litigation support with energy and infrastructure expertise; competes on regulatory submissions and expert testimony.
• Castalia Strategic Advisors: Economic and strategic advisory firm covering energy, water, telecoms, and public policy in Australia and emerging markets; comparable specialized economic-advisory positioning.
• HoustonKemp Economists: Independent Australian economic consultancy with sector expertise in energy, transport, and competition economics; closely overlapping customer base and service mix with Synergies.
• CEPA: Economic and regulatory consultancy focused on infrastructure, energy, and water; comparable in regulatory economic advisory, expert reports, and policy analysis.

Broad incumbents

• KPMG Australia Economics: Big 4 economics, infrastructure, and public-sector advisory group; bids on the same regulatory submissions and infrastructure business cases as Synergies but with broader service-line cross-sell.
• EY Australia Economics: Big 4 economics and infrastructure advisory practice that competes for similar Australian infrastructure and public-sector mandates, often with an accounting/assurance overlay.
• Deloitte Access Economics: Big 4 economics practice with deep Australian government and infrastructure footprint; overlaps heavily on cost-benefit analysis, regulatory economics, and economic-impact modelling but operates within a much larger global advisory platform.
• PwC Australia Economics and Policy: Big 4 economics and policy practice with a comparable profile on cost-benefit, regulatory, and program-evaluation mandates across federal and state government in Australia.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Synergies Economic Consulting