by george matthews
http://www.brisinst.org.au/here-and-now ... 10-issue/7
There are few Australians who have not felt the grief, the loss, the hopelessness, of the ongoing tragedy of the consequences of road trauma. Every day the media chronicles the sad litany. A recent study commissioned by the Australasian Railway Association has revealed the cost of road crashes in blunt economic terms. Previous estimates have been conservative underestimates; this latest rigorous systematic study has revealed the costs of road fatalities and trauma to be in the order of at least thirty five billion dollars annually. This figure is going to increase rapidly as the road injury management costs continue to climb. There is a much wider social cost to be added but for now let us just consider the economic impact of the road trauma.