The estimated economic cost per annum of road accidents in Australia is substantial, including expenses such as medical costs, property damage, lost productivity, and legal fees.
Purpose | Value |
|---|---|
Lost Productivity | $14.7B |
Pain and Suffering | $7.8B |
Property Damage | $3.6B |
Medical Costs | $2.7B |
Emergency Services | $1.1B |
Purpose | Value |
|---|---|
Congestion Costs | $663M |
Insurance Administration | $403M |
Legal and Court Costs | $338M |
Vehicle Operating Costs | $172M |
These figures represent the comprehensive economic impact of road accidents across various sectors of the Australian economy.
Purpose | Value |
|---|---|
New South Wales | $8.4B |
Victoria | $5.0B |
Queensland | $6.0B |
Western Australia | $2.7B |
South Australia | $1.9B |
Tasmania | $232M |
Australian Capital Territory | $140M |
Northern Territory | $143M |
The report by the Australian Automobile Association highlights the significant economic impact of road accidents across different states and territories, emphasizing the importance of ongoing investment in road safety initiatives.
