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  • Aussies face $360 million burden to replace lost travel documents
  • September 10, 2012
  • According to a Commonwealth Bank study, more than 2.6 million Australians have had travel documents, including receipts for gifts and souvenirs (33 per cent), passports (26 per cent) and traveller’s cheques (14 per cent), lost or stolen while overseas.

    On average this has resulted in a direct cost of $137 per person, equating to a total of over $360 million nationwide.

    It’s not just the impact on our wallets, misplaced travel documentation causes disruption to our holidays. A fifth of Aussies with lost or stolen documentation (20 per cent) have been forced to contact friends and family for emergency cash transfers, while others have:

    wasted up to four days of their holiday (20 per cent);
    missed out on events/things they wanted to see (1...
  • View more at: http://www.1888pressrelease.com/aussies-face-360-million-burden-to-replace-lost-travel-docu-pr-422422.html