Prevent crime and save money: Return-on-investment models in Australia
Publication: 2018. "Trends and Issues in Crime and Criminal Justice" 545: 1-18.
Identifier(s): Citation Key: 10296
URL: https://aic.gov.au/publications/tandi/tandi545
Publication type: Journal Article
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Abstract:
Finding effective ways to prevent crime is important. This project was designed to demonstrate the feasibility of combining data from a 12-year Australian longitudinal study (N=2,885) with prevention strategy investment data to estimate potential returns, including a reduction in intimate partner violence and prison entry. The project investigated the return on investment achievable in Victoria with a $150 million investment in a mix of six evidence-based prevention strategies.
The study estimated that the 10-year lag effect of investing an extra $150 million was a five percent reduction in incarceration and a four percent reduction in cases of intimate partner violence involving physical force. The net return from the $150 million investment in prevention was conservatively estimated at $191 million. It appears feasible and cost-effective to prevent intimate partner violence, while also reducing incarceration rates.