Mental health plays a significant role in productivity but is often overlooked. To maintain its promising economic growth, Indonesia must put its people’s well-being into the calculation.
Addressing a Tax Institute event on Thursday, Henry said the Australian tax system “is not capable of raising sufficient revenue to fund the activities of government. Certainly not today. Far less at any time in the future.”
Canada’s innovation problem stems from an outdated research and development model. It is time to redesign the research department to include more social scientists and fewer technocrats.
Peter Martin, Crawford School of Public Policy, Australian National University
The Reserve Bank has signalled it will keep pushing up rates until it has reigned in inflation – even if this means weaker economic growth, with income per person barely growing for years to come.
Peter Martin, Crawford School of Public Policy, Australian National University
The Conversation’s 29-member panel expects very weak economic growth and recessions in much of the rest of the world, but there’s good news down the track for Australians’ buying power.
Amid the global threats posed by climate change, spiralling energy costs, insecure employment and widening inequality, the need to rethink our notion of progress is now an urgent priority.
Peter Martin, Crawford School of Public Policy, Australian National University
From October, Australia will start routinely quantifying the benefits as well as costs of federal spending. It’s already shaping up as the new treasurer’s most important legacy.
What is a well-being budget? It’s a process that seeks to set consistent long-term priorities, instead of changing priorities according to political expediency.