Tuesday, August 24, 2010
Alcohol misuse costs Australia $36bn a year, according to a new study
The research shows a significant jump on the total economic impacts of alcohol abusage to $36 billion per annum. Alcohol misuse not only creates problems to the consumers itself but also creates negative externalities on other people. Personal, family as well as community problems have been arisen from the over consumption of alcohol. Individuals have to bear higher pocket expenses, forgone their wages and hospital and childcare protection costs. 70% of the Australians are experiencing noise and annoyance as a result of drinking.
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alcoholism really creates a lot of externalities~Spill over effects on other groups of people. Alcoholism can lead to family problems ans child abuse as they may lost control and act unconsciously. It causes extra costs incurred for the consumers too, paying higher taxes charged on alcohols. A lot of social issues arise because of alcohol misuse too...
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