Webinar: Keeping People Safe When Walking Stream 2 – Economic Assessment of Safer Speeds

This webinar provides an overview of the Austroads’ report, Keeping People Safe When Walking – Stream 2: Economic Assessment of Safer Speeds, completed as part of the Keeping People Safe When Walking program. The assessment applies a cost-benefit analysis (CBA) approach, which estimates and compares the costs and benefits for society from 12 different hypothetical speed limit reductions in a variety of (mostly urban) contexts. Emerging economic techniques were applied to value, in dollar terms, the benefits of reduced speed limits for society from reduced road trauma and improved pedestrian mobility. This was weighed against productivity-related costs from increased travel time. The assessment builds a framework and evidence to support road managers looking to assess speed limit changes.

In this webinar you will hear about:

• how speed limit reductions can be assessed using a cost-benefit analysis framework
• why it appears there is a strong case for safer speed limits as a key pedestrian safety intervention
• the key drivers of this result and areas where further evidence would add value for future policy reform assessments.

This webinar is presented by Anna Wilson. The Q+A will be moderated by Phil Harbutt.

No charge but registration is essential. Can’t make the live session? Register and you’ll receive a link to the recording. Register now.

Anna Wilson is an economist with Frontier Economics who specialises in regulatory and policy reform. Anna leads Frontier Economics transport sector work and has over 20 years of experience working for governments, regulators and policy makers. This has involved using robust data, economic theory and quantitative techniques to help identify problems and market failures; develop, design and implement regulatory and policy remedies; and evaluate policy options. This has included analysing policy reforms to improve road and rail safety, the way roads are funded and used and to enable freight and the transport supply chain to operate more efficiently.