Turning ideas into action

The release of the Commonwealth Treasury’s Measuring What Matters statement is an important step towards better government decision-making and a shared vision for the Australia we want, but it’s only the first step.

Measuring what matters

It wasn’t Australia’s first wellbeing budget, as the Treasurer has many economic fires to fight, but he’s taken the first step to get a sense of what we want for society and measuring ‘what matters’.

Beyond GDP

Australia’s new federal treasurer Jim Chalmers’ has the opportunity to draw a line under the Coalition’s narrow economic focus and follow the example set in New Zealand to build a well-being focused economy.

Hitting the sweet spot

The post-COVID recovery provides a rare opportunity to rebuild a better economy that can support living standards without irretrievably damaging the environment.