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Abstract. Neoinstitutional economics, exemplified in this instance by the contributions of Gunnaar Myrdal and John K. Galbraith, exhibits a basic proclivity toward fragmentation. It is argued that a further advance of the Veblen‐Ayres general theory of economic development will serve as the foundation to reverse such centrifugal tendencies and provide a basis for integration and synthesis. The key conceptual framework for analysis and theory resides in culture and its evolution. The core of culture is transformed through the processes of economic development fed by the dynamics of technological change. In a modified Veblen‐ Ayres matrix, social institutions are assumed to be integral to the organic whole of technology. Given further modifications of mainstream institutional economics contained in the "dichotomy of useful knowledge" and the "wheel of economic development," it is suggested that the cultural approaches of Myrdal and Galbraith might then be integrated into the culture‐analysis of economic evolution inherent in mainstream institutional economics

Maintaining a social licence-to-operate is a key challenge for industry and regulators. The city of Gladstone in Queensland, Australia, surrounds a highly industrialised harbour supporting major industrial activities, including alumina refineries and an aluminium smelter, other heavy industry, port facilities and, most recently, three natural gas liquefaction facilities built on nearby Curtis Island. This most recent phase of industrial and port growth coincided with the repeated capture of unhealthy fish and crabs in the harbour in 2011, generating community concern about potential cumulative environmental impacts of development. These were difficult to address at the time because of limited monitoring data and scientific knowledge, as well as some fractured relationships between stakeholders. In response to this debate the Gladstone Healthy Harbour Partnership was formed in 2013 by stakeholders from industry, community groups and all levels of government. Experts from environmental, social and economic disciplines assisted to evaluate and report on the health of the harbour. Membership required ongoing and deep participation in activities which ranged from targeted research to community engagement. Central to partnership activities was a clearly communicated annual Report Card, derived from complex environmental, socioeconomic and cultural data. A Data and Information Management System was developed that integrates data from multiple organisations after automated quality checks, tracks data treatments and calculates the Report Card scores. The Report Card is intended to be meaningful to a wide variety of stakeholders yet allow access to underlying detail. This increased transparency and robustness has contributed to building community trust. Conversations now focus on likely management scenarios, rather than all imagined possibilities, and this in turn paves the way for reducing business risk for industry. ; URL for published article: https://www.publish.csiro.au/AJ/AJ18052

A risk assessment method was developed and applied to the Great Barrier Reef (GBR) to provide robust and scientifically defensible information for policy makers and catchment managers on the key land-based pollutants of greatest risk to the health of the two main GBR ecosystems (coral reefs and seagrass beds). This information was used to inform management prioritisation for Reef Rescue 2 and Reef Plan 3. The risk assessment method needed to take account of the fact that catchment-associated risk will vary with distance from the river mouth, with coastal habitats nearest to river mouths most impacted by poor marine water quality. The main water quality pollutants of concern for the GBR are enhanced levels of suspended sediments, excess nutrients and pesticides added to the GBR lagoon from the adjacent catchments. Until recently, there has been insufficient knowledge about the relative exposure to and effects of these pollutants to guide effective prioritisation of the management of their sources.