A recent report entitled Cycling: Getting Australia Moving indicates that by improving their health, cyclists saved about $227.2 million Australian per year.
Dr Rob Moodie, Professor of Global Health at the University of Melbourne’s
Nossal Institute and author of the report, said “this report demonstrates the considerable benefit offered to individuals and governments by cycling. Addressing the barriers preventing more Australians from cycling will deliver substantial savings to both government and the community.”
Other economic benefits of cycling include a reduction in congestion which saves about $63.9 million AUD and $9.3 million saved by limiting greenhouse gas production and other “externalities.