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Economics and mental health

Economics and mental health

Using economics to reform Australia's mental health system

The annual economic costs of mental-health and related illnesses in Australia amount to around A$50 billion and, when accounting for the additional loss of quality of life, add up to approximately 10 per cent of Australia's GDP.

Presented by Dr Stephen King, one of the Commissioners at the Australian Productivity Commission, this event will explore the body’s report of its inquiry into the state of mental health in Australia, presented to the Federal Government in June 2020, and outline the suggested approach and framework required to reform the country’s mental-health system.

About the presenter

Dr Stephen King is a Commissioner at the Australian Productivity Commission, the Australian Government's review and advisory body on microeconomic policy, regulation and other social and environmental issues. He presided on the Commission's recent review of Australia's mental-health system. Before joining the Commission in 2016, Stephen was a professor of economics at Monash University, a Member of the National Competition Council and a Member of the Economic Regulation Authority of WA. He was also Member of the Australian Competition and Consumer Commission from 2004–09, where he chaired the mergers review committee.

Updated:   2 November 2020 / Responsible Officer:  CBE Communications and Outreach / Page Contact:  College Web Team