Review of the Registered Clubs Industry in NSW - Clubs NSW

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4 Measuring and reporting on club contributions ClubsNSW argued that clubs’ indirect (or intangible) contributions should be measured quantitatively through a ‘willingness to pay’ approach rather than qualitatively. It put the view that this approach (which would involve a choice modelling exercise) can accurately capture the value of club-provided indirect benefits as well as highlight the club services that are most highly valued by the community. 71 However, IPART considers that qualitative statements are more appropriate for identifying and recording this component of clubs’ social contribution. IPART acknowledges that a choice modelling exercise might be useful for estimating the economic benefit communities derive from club-provided community services. But IPART considers that this approach is not appropriate for estimating the value of clubs’ indirect social contributions, as its terms of reference ask it to do. In particular, IPART considers that: Calculating the value of something requires a different approach to calculating the benefit derived from something. In economics, the calculation of a benefit involves estimating the consumer and producer surplus for a good or service. But the calculation of a value requires a valuation, which usually involves some form of market- or cost-based approach. To use the choice modelling technique to measure the indirect contributions of clubs you would need to be able to measure consumers’ willingness to pay for different levels of outcomes that are difficult for them to identify (such as safe environments for families and quality of life for the elderly). Unlike choices between specific products, it is unclear what is meant by increasing these outcomes by, say, 10 per cent. Using the choice modelling technique would also implicitly assume that clubs are best placed to deliver these outcomes (as opposed to the Government or the private sector), which may not necessarily be the case. The community may be willing to pay for these indirect, intangible benefits, regardless of how they are delivered. (Further information about the choice modelling approach is provided in Appendix F.) 71 ClubsNSW submission, 4 April 2008, p 14. 72 IPART Review of the Registered Clubs Industry in NSW
4 Measuring and reporting on club contributions 4.1.4 How IPART applied its preferred approach in calculating the value of the direct social contributions in 2007 Under IPART’s preferred approach for identifying and recording the value of the clubs industry’s direct social contributions, this value is calculated according to the following expression: Total value of direct social contribution = Total value of direct cash contributions plus Total estimated value of direct in-kind provision and maintenance of community and sporting facilities and infrastructure plus Total estimated value of volunteer labour The calculation uses data underlying the four-yearly socio-economic impact study (SEIS) published by ClubsNSW. This study is based on information provided by registered clubs through a comprehensive industry survey undertaken by ACG. As indicated above, the total estimated value of direct in-kind contributions through the provision of community and sporting facilities and infrastructure is calculated using a market-based approach. This approach focuses on the revenue that a club forgoes through its provision of the contributions. It calculates the difference between the commercial or market value of the product (eg, use of a sporting oval), less the price charged by the club, to determine the club’s direct social contribution. Where a club provides the product at no charge, the commercial or market value represents the total direct social contribution. The equation below illustrates how market value is applied: MV X – SP X = SC X where: MV X represents the market value of product X SP X is the club sale price for product X SC X represents the measure of social contribution for the provision of product X. Review of the Registered Clubs Industry in NSW IPART 73
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Independent Pricing and Regulatory
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© Independent Pricing and Regulato
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Contents 6 Strengthening the financ
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Executive Summary Executive Summary
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Executive Summary estimated the val
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Executive Summary Therefore, IPART
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Executive Summary However, IPART al
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Executive Summary List of Recommend
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Executive Summary 15 Once the stand
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Executive Summary 29 That ClubsNSW
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Executive Summary 46 That ClubsNSW
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Executive Summary 60 That OLGR deve
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1 Introduction 1 Introduction Over
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7 Improving clubs’ financial repo
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8 Establishing a Club Viability Pan
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9 Improving corporate governance Th
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10 Helping clubs better understand
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11 Making it easier for clubs to am
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12 Making it easier for new clubs t
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13 Removing unnecessary regulatory
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14 A framework for a management pla
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A Terms of reference A Terms of ref
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A Terms of reference The proc
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B Terms of reference checklist Term
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C List of submitters, roundtable pa
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D Gambling expenditure and problem
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E IPART’s methodology for recordi
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F ACG’s approach to measuring the
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G ClubsNSW - steps to establishing
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G ClubsNSW - steps to establishing
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Glossary and Abbreviations Glossary
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Review of the Registered Clubs Industry in NSW - Clubs NSW

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