The management of asbestos has broad impacts on the NSW economy in relation to planning, waste and resource recovery, property development, public housing, infrastructure, Aboriginal communities, asbestos in soils, and so forth.
The costs related to the health impacts of asbestos are relatively well understood, but the economic costs remain largely hidden. Understanding the impact of asbestos in the NSW economy is vital to support the development of policy responses and funding requests to government.
Lead: the EPA
Partners: all other NACC agencies
The current cost of asbestos management to the NSW economy is quantified to guide Government investment.
13. The EPA will commission an analysis that quantifies the economic impact of asbestos in NSW and assists in identifying priority areas for future action.