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Trends & Issues in Crime and Criminal Justice

No. 72: Estimates of the costs of crime in Australia in 1996

John Walker
ISBN 0 642 24046 9 ; ISSN 0817-8542
August 1997

Abstract

Walker estimates the financial and economic costs to Australia for the following crimes: homicide; robbery and extortion; offences against property (breaking and entering; fraud and misappropriation; theft of motor vehicles, boats and aircraft; shoplifti ng; stealing from the pension; property damage; environmental crime); and drug offences. He also briefly deals with the costs of crime prevention and insurance. He estimates that crime cost between $11 billion and $13 billion dollars, primarily from white-collar crimes. The cost of crime prevention measures are around $8 billion dollars.

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