A new independent report from Frontier Economics warns that not controlling the impacts of feral deer in Victoria could cost the community between $1.5 billion and $2.2 billion over the next 30 years.
‘The economic analysis estimates that acting now to substantially reduce feral deer numbers in Victoria could deliver benefits exceeding cost of control by at least 4 times.
The report, commissioned by the Invasive Species Council, also points out this figure only considers the economic costs of feral deer caused through lost agricultural and forestry production, vehicle accidents and reductions to the recreational values of national and state parks.
The impacts on biodiversity, Indigenous cultural values and ecosystem services such as water purification would also likely impose enormous costs to the community, but are difficult to accurately put a dollar value to. The real cost will be much higher than $2.2 billion.
For further information and the full report go to: