Counting the high cost of road crashes for Australia

Australia pays a heavy penalty for road crashes, according to a report by the Australian Automobile Association (AAA). In addition to the personal tragedy involved, road crashes cost Australia’s economy a loss of US$23.93 billion (A$29.7 billion) in 2015 according to the AAA. The number of road crashes in Australia climbed 4% between 2006 and 2015 and reached 679,359. However road fatalities dropped by around 25% to 1,205 between 2006 and 2015. Improved vehicle safety and occupant protection has played a role in reducing the rate of death and serious injuries. The AAA also pointed out that while the fatality rate has been reduced, the annual cost of crashes has actually remained fairly constant.