But invasive species don’t just cause extinctions and biodiversity loss – they also create a serious economic burden. Our research, published today, reveals invasive species have cost the Australian economy at least A$390 billion in the last 60 years alone.
Our paper – the most detailed assessment of its type ever published in this country – also reveals feral cats are the worst invasive species in terms of total costs, followed by rabbits and fire ants.
Without urgent action, Australia will continue to lose billions of dollars every year on invasive species.
Huge economic burden
Invasive species are those not native to a particular ecosystem. They are introduced either by accident or on purpose and become pests.
Some costs involve direct damage to agriculture, such as insects or fungi destroying fruit. Other examples include measures to control invasive species like feral cats and cane toads, such as paying field staff and buying fuel, ammunition, traps and poisons.
Our previous research put the global cost of invasive species at A$1.7 trillion. But this is most certainly a gross underestimate because so many data are missing.
As a wealthy nation, Australia has accumulated more reliable cost data than most other regions. These costs have increased exponentially over time – up to sixfold each decade since the 1970s.
We found invasive species now cost Australia around A$24.5 billion a year, or an average 1.26% of the nation’s gross domestic product. The costs total at least A$390 billion in the past 60 years.
Worst of the worst
Our analysis found feral cats have been the most economically costly species since 1960. Their A$18.7 billion bill is mainly associated with attempts to control their abundance and access, such as fencing, trapping, baiting and shooting.
Feral cats are a main driver of extinctions in Australia, and so perhaps investment to limit their damage is worth the price tag.
As a group, the management and control of invasive plants proved the worst of all, collectively costing about A$200 billion. Of these, annual ryegrass, parthenium and ragwort were the costliest culprits because of the great effort needed to eradicate them from croplands.
Invasive mammals were the next biggest burdens, costing Australia A$63 billion.
Variation across regions
For costs that can be attributed to particular states or territories, New South Wales had the highest costs, followed by Western Australia then Victoria.
Our study is one of 19 region-specific analyses released today. Because the message about invasive species must get out to as many people as possible, our article’s abstract was translated into 24 languages.
Even the massive costs we reported are an underestimate. This is because of we haven’t yet surveyed all the places these species occur, and there is a lack of standardised reporting by management authorities and other agencies.
For example, our database lists several fungal plant pathogens. But no cost data exist for some of the worst offenders, such as the widespread Phytophthora cinnamomi pathogen that causes major crop losses and damage to biodiversity.
Developing better methods to estimate the environmental impacts of invasive species, and the benefit of management actions, will allow us to use limited resources more efficiently.
As well as the economic damage, invasive species also bring intangible costs we have yet to measure adequately. These include the true extent of ecological damage, human health consequences, erosion of ecosystem services and the loss of cultural values.
Without better data, increased investment, a stronger biosecurity system and interventions such as animal culls, invasive species will continue to wreak havoc across Australia.
The authors acknowledge the Traditional Owners of the lands on which they did this research.