Digital Magazine

Overall

Theft by motivation
Post March Data
Early data indicates that the social lock-down arrangements implemented nationally in response to the COVID-19 crisis have had a very positive dampening effect on vehicle crime rates for April and May. Despite this, it looks very much like FY2020 will see many parts of Australia record double-digit percentage increases across all vehicle types for both short-term and profit-motivated theft. Unfortunately, this leaves the nation on the path to more than 60,000 thefts per annum for first time since the Global Financial Crisis of 2007-2009.
There is a clear, established correlation between the performance of the economy and crime generally. With the ongoing disruption of the pandemic, it is almost certain the current uplift in vehicle crime will extend well into 2021 at a minimum. This will include ‘true’ vehicle theft and instances of insurance fraud disguised as theft and/or staged collisions.
Note: All short term and profit motivated figures are based on ‘Adjusted for late recoveries’
