Work-related accidents and health issues cost $4.9b, report says

Work-related accidents and health issues cost $4.9b, report says
NZ’s workplace injury rate is trending downwards. (Image: Getty)
Gregor Thompson
Fatalities, serious injuries and work-related health issues cost New Zealand $4.9 billion in 2023.That’s according to the Business Leaders’ Health and Safety Forum’s annual State of a Thriving Nation report, released Monday. The costs have grown about 11.4%, or $500 million, since last year – the first time the report was produced.To make its findings, the Forum considers Accident Compensation Corporation (ACC) costs, lost income, the statistical value of life, and updates on the changing costs of healthcare and inf...

More Economy

Westpac NZ eyes monetary policy reform for change-laden RBNZ
Economy

Westpac NZ eyes monetary policy reform for change-laden RBNZ

Westpac NZ puts monetary policy voting in the spotlight.

Staff reporters 05 Sep 2025
Wētā FX narrows loss and rebuilds R&D
Economy

Wētā FX narrows loss and rebuilds R&D

New Zealand contracts rose 28% to $411m.

Gregor Thompson 04 Sep 2025
NZ banking capital adequacy proposals may face choppy seas
Economy

NZ banking capital adequacy proposals may face choppy seas

Plans to reset NZ banks’ capital adequacy rules appear to be garnering support.

Staff reporters 04 Sep 2025