Cost of Work-related Injury and Illness
The total economic cost of work-related injuries and illnesses for the 2008–09 financial year is estimated to be $60.6 billion dollars, representing 4.8 per cent of GDP for the 2008–09 financial year. Significant methodological revisions have occurred between the publishing of the 2005-06 estimate and the current estimate. These have been a re-evaluation of the number of permanent cases and additional work on estimating the extent of disease morbidity due to occupational causes. For these reasons, the current estimate should not be compared with the previous estimates in this series.