Research and postgraduate training into Australia's water and water-related resources in the development and refinement of policy options and the evaluation of economic, social, environmental and financial implications of policy and project scenarios for the public and private sectors. The Centre is now one of the world's leading ecological economics research organisations.

The Group is a major Australian and international focus for graduate research in ecoloogical economics with around ten current Phd projects in the area. Research context is ecological economics.