In July 2022, the Treasurer of Australia, the Hon. Jim Chalmers MP, announced the Albanese Government’s intention to include a wellbeing chapter in the October 2022 Federal Budget. This is the first time the Commonwealth Government will have implemented a wellbeing approach to economic policy in Australia.
But what exactly is a wellbeing economy and how does a wellbeing budget relate to it? Join us as we discuss how a wellbeing economy might improve social, health and environmental outcomes and what should be the initial focus of the October budget.