Australia tallies the cost of Domestic Violence to businesses

On November 29th, the Victorian Government in Australia released a report on the economic impact of domestic violence to businesses. An average annual of $1.5 billion (estimated at $1,136,625,000 in US dollars) is lost due to productivity, absenteeism and indirect costs. The abuse makes its impact on job performance including poor concentration, depression, stress and anxiety. An estimated $1 billion was lost to business and corporations through their tax share of services needed to deal with family violence, including hospital admissions, counseling and support services.