In the 2021-22 financial year, fines issued from road safety cameras amounted to $404 million. This figure represents a fraction of the overall cost of speed-related crashes.
Approximately 99 per cent of drivers passing road safety cameras comply with road rules by keeping to the posted speed limit and not running red lights. These drivers do not get fined.
Of the small proportion of drivers who are fined, every dollar received from these fines goes to the Better Roads Victoria Trust. Through the trust it is reinvested in important Victorian road projects and road safety initiatives.
These may also include:
- road restoration
- road surface replacement
- improving roundabouts
- overtaking lanes
- bridge strengthening.
Road safety cameras are proven to be one of the most effective ways to get motorists to slow down and save lives. Research by the Monash University Accident Research Centre (MUARC) shows a 47 per cent reduction in casualty crashes on stretches of road where fixed speed and red-light cameras are installed.
Enforcing the road rules is crucial to improving safety on our roads. Enforcement activities, including road safety cameras, act as a deterrent to stop drivers from driving dangerously and hold dangerous drivers to account for their actions.
Road trauma costs Victoria between $4 and $6 billion per year, this amount includes serious injuries and fatalities. The money from road safety cameras represents only a small proportion of this cost.
Updated