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Australia - The economic value of reducing work-related injuries and illnesses
The latest publication by Safe Work Australia investigates the potential economic impact of work-related injuries and illnesses in Australia using a computable general equilibrium (CGE) model, following the World Health Organization (WHO) guidelines.
The report estimates the incidence of occupational injuries and illnesses and quantifies the productivity losses, associated costs to the health system and other financial costs.
According to the findings there were 6.9 million work-related injuries and illnesses in Australia between 2008-2018, costing $37.6 billion in health system costs and causing a 2.2 million FTE productivity loss.
Read and download the economic value of reducing work-related injuries and illnesses – summary report on the Safe Work Australia website.
You can also read the report of EU-OSHA’s project to estimate the costs of occupational injuries, diseases and deaths at European level.