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Why Native Title rulings need a system to value cultural loss

By Duygu Yengin, Associate Professor of Economics, Adelaide University
George Mihaylov, Senior Lecturer in Finance, Adelaide University
Ralf Zurbruegg, Professor in Finance and Business Analytics, Adelaide University
Sophie Murray, Partner Engagement Manager: Aboriginal Community and Industry, Adelaide University

Unlike economic damages, there is no formal method for deciding on compensation for cultural loss when a court rules land has been damaged or taken away.

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