Australians’ wellbeing grew 40 per cent faster each quarter under the past two Labor governments – equivalent to nearly $11 billion – on eight key indicators covering health, education and income distribution, a new report has found.
The authors of the Fairfax-Lateral Economics Index of Australia’s Wellbeing have evaluated changes in obesity, life expectancy, preventable hospitalisations, early childhood development, schooling quality, post-school education, long-term unemployment and income inequality during the past three federal terms as reported by SMH.
For seven of the eight indicators the improvement in wellbeing was superior, on average per quarter, during the two Labor terms while the outcome for one indicator was superior during the Coalition’s term.
A surge in the proportion of adults with a higher qualification during the Labor years meant the wellbeing value of post-school education increased by $10 billion a quarter more, on average, during the Rudd and Gillard governments than under the Abbott and Turnbull governments.
The report, which puts a dollar figure on wellbeing indicators, found that household income inequality fell in both Labor terms but has since increased during the Coalition’s term.
Lateral Economics’ analysis suggests that changes in inequality reduce the community’s overall wellbeing by nearly $2 billion a quarter more under the current government than it averaged under Labor.
Two important health indicators – life expectancy and preventable hospitalisations – outperformed during Labor’s terms.
But growth in the obesity rate has slowed during the Coalition’s term meaning collective wellbeing is $5.6 billion a quarter better than would have been if trends during Labor’s terms had continued. To read more CLICK HERE.
Professor Susan Thompson, Professor of Planning and Director City Wellbeing, City Futures Research Centre, The University of New South Wales is one of the Keynote Speakers presenting at The 9th Making Cities Liveable Conference; Generating a mood for change. Susan will be speaking on ‘Place making for a healthier Australia’.
The Making Cities Liveable Conference to be held at the Pullman Melbourne on the Park 27-28 June 2016 supports improving the quality of life in our capitals and major regional cities, focusing on healthy, sustainable, resilient and liveable cities and will provide a platform to discuss, collaborate and learn. To view the Conference Program CLICK HERE.
To register your attendance at the conference CLICK HERE.