Tag: "injury costs"


Budgeting for Workplace Health and Safety

  Managing health and safety is an important part of good business management, yet often seen as a ‘cost’ to a business.  Although some initiatives require little or no capital expenditure, effective management of WHS does require money to be spent.  In this article Jo Kitney explains the importance of making good business decisions on […]


Poor Workplace Health and Safety Costing Billions

The economic cost of work related injury and illness in Australia is estimated to be costing $60 billion a year in lost productivity or just under 5% of Gross Domestic Production (GDP). A report released by Safe Work Australia (2012) showed the true cost to Australian business of poor HSE practices is significant. A lost time to […]