Research Discussion Paper – RDP 9205 Measuring the Cost of Capital in Australia

Contents

• Introduction
• What is the Cost of Capital?
• Results of Other Australian Studies
• International Comparisons
• Conclusions
• Appendix 1: Australian Studies of the Cost of Capital
• Appendix 2: Data Series
• References

We are grateful to Malcolm Edey, Bruce Hockman, Michael Irvine, Tony Richards, Chris Ryan and Glenn Stevens for helpful discussion and comments. The views expressed in this paper are those of the authors and do not necessarily reflect the views of the Reserve Bank of Australia.