Cost of road crashes in Australia

The ANU research team will deliver the services detailed in the statement of requirement in the Request for Quotation. Central to this is the development of an economic cost model of road crashes in Australia. The project involves repeating the 2009 Bureau of Infrastructure and Transport Research Economics (BITRE) Study (Cost of road crashes in Australia 2006) which covered all costs of all crashes, including property damage only crashes - with improved methods and updated data. The project aims to move beyond the scope of the previous economic cost models by including financial analysis to detail the financial burden of road crashes, who bears that burden, and extend the economic analysis to aid in addressing key policy questions. Best practice methods for estimating the economic cost of road crashes both nationally (e.g. Australian Transport Assessment and Planning 2019) and internationally (e.g. HM Treasury 2018; Maria Rivera Castieira 2016) will be adopted.