Economics of Mental Health in Australia
08 December 2016
The National Mental Health Commission believes there is a link between the mental wellbeing of Australians and our economic growth as a nation.
The cost of mental ill-health in Australia each year is around four per cent of GDP or about $4000 for every tax payer and it costs the nation more than $60 billion.
The Commission’s work to date has shown that improving mental health is an invest-to-save issue. As such, the Commission has put the impact of poor mental health on the economic agenda.
Commission Chair, Professor Allan Fels AO, said there is a need for action across sectors to improve our mental health system through appropriate allocation of resources and to build the mental wealth of our nation.
“Evidence suggests we should focus on prevention and early interventions which can reduce the need for more complex and costly interventions,” Professor Fels said.
Read about the Commission’s latest initiatives on the Economics of Mental Health:
Economics of Mental Health in Australia Symposium
Economics of Mental Health in Australia Workshop
"Even the most disadvantaged Australians should be able to lead a 'contributing life,' whatever that means for them and this simple goal will be our touchstone and yardstick."
Chair Prof Allan Fels AO
National Mental Health Commission