23844 (2025). Arena Williams to the Minister for Building and Construction

Written Question

Published date: 30 May 2025

Metadata

Document type:	Written Question
Parliament number:	54
Question number:	23844 (2025)
Question asked:	19 May 2025
Member asking:	Arena Williams
Portfolio:	Minister for Building and Construction
Minister replying:	Hon Chris Penk
Answer received:	26 May 2025
Status:	Question Answered
Reply type:	Reply
Document ID:	WQ_23844_2025
Document guid:	89c838cb-3f3a-4a3d-9279-c435f05a62e7

23844 (2025). Arena Williams to the Minister for Building and Construction: What figure, if anything, has the Seismic Review Steering Group used as the value of a life?

Hon Chris Penk: The figure used as part of the Review is $17.5 million. This figure is from the Treasury CBAx Tool which contains a common database to help organisations monetise impacts and do cost-benefit analysis.