Estimates of the costs of crime in Australia in 1996


Estimating the financial and economic costs of crime involves the use of sophisticated methodology plus a pinch of guesswork. This paper aims to identify the scale of the costs and if the current range of crime prevention efforts result in a reduction in crime of one-half of one per cent, the saving to the Australian community, on the basis of data in this report, could be in the order of $100 million per annum.