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Monash University
Findings of a new report by the Federal Government’s Productivity Commission into mental health were shocking and horrifying, with widespread failures extending beyond Australia’s health system, according to presiding commissioner Dr Stephen King.
In an exclusive interview with Monash Business School’s podcast, Thought Capital, Dr King has discussed how the estimated cost of mental health to the economy was “understated”; how insurers use mental health to discriminate; and how he had himself been unaware of how stigmatising mental health issues continue to be in Australia.
The 1250 page report found one in five Australians experienced mental ill-health in any year, with the annual cost of treatment, suicide, and under-performance of the mentally ill as much as $180 billion.