Cost of workplace accidents rises to $4.4b a year – report
Photo: RNZ / Angus Dreaver
The cost of workplace accidents rose to $4.9 billion in 2023, up from $4.4b the year before, a new report shows.
The State of a Thriving Nation report was released by the Business Leaders' Health and Safety Forum on Monday.
Written by economist Shamubeel Eaqub, the report tallied the cost of lost lives and earnings, serious injury costs to ACC, and health issues to reach the $4.9b figure.
"Catching up to Australia's performance would save New Zealand $1.4 billion each year, and if we were to match the UK's performance, we would save $3.4 billion per year," the forum's chief executive Francois Barton said.
The report also found that close to 50 percent of New Zealanders had been affected by a workplace accident involving either themselves, a colleague, their fam...
