Healthy, safe and getting along with each other: Australia attempts to look beyond GDP to measure what matters

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Too often economists reduce important issues, like prosperity, to a narrow set of indicators such as gross domestic product to measure national progress,Anything that boosts GDP is good, right?Well, no, of course not,Growing the size of the economy while wrecking the environment or making people miserable is no step forward,So a number of countries around the world – including the UK, Canada and New Zealand – have introduced alternative ways to measure wellbeing that goes “beyond GDP”,Sign up: AU Breaking News emailTreasury, under the direction of Jim Chalmers, established the “Measuring What Matters” framework in 2023 to track our progress towards “a more healthy, secure, sustainable, cohesive and prosperous Australia”.

Here’s a selection from each theme as laid out in the ABS’s latest update on the Measuring What Matters indicators, which pulls information from various sources to paint a wider picture of Australia’s progress,Costs and waiting times are key factors when it comes to how easy it is for people to access healthcare,The Measuring What Matters report shows access has become more difficult on both counts over the past decade, and especially since the pandemic,The share of patients who said they waited longer than they felt was acceptable to see a GP has climbed from 16,6% in 2020-21 to 28% in 2023-24.

When it came to delays getting a specialist appointment, the proportion who said they waited longer than acceptable was 29% in 2023-24, up from 22% three years earlier.And cost has also become a bigger barrier.In 2023-24, 9% of patients said they delayed seeing a GP due to the expense – more than triple the 2.4% share in 2020-21.And 10% said they delayed seeing a specialist for the same reason last year, compared with 5.

9% a few years earlier,There’s evidence that the constant barrage of bad news from overseas is weighing on our collective psyche, according to the report’s gauge of “national safety”, or “living peacefully and feeling safe”,In 2025, just over half of Australians reported feeling safe or very safe based on views of world events, the ABS said, versus 91% in 2005 and 80% a decade ago,“Since 2020, very low proportions of people have reported feeling very safe,” the ABS noted,On a day when the government released its “scary” report into the devastating potential impacts on Australia from climate change, the Measuring What Matters report shows net greenhouse gas emissions of 446.

4m tonnes of carbon dioxide equivalent in 2024.That is 27% below emissions in the year to June 2005, which is the baseline year for our 2030 emission reduction target of 43%.Sign up to Breaking News AustraliaGet the most important news as it breaksafter newsletter promotionWorryingly, there hasn’t been much progress in the 2020s.Part of a cohesive country is one that accepts diversity – a topic that’s top of mind amid anti-immigration marches both here and abroad.The share of Australians who agree or strongly agree accepting immigrants from many countries makes Australia stronger dropped from a peak of 78% in 2023, to 71% in 2024.

Still, that remains higher than pre-pandemic levels broadly in the mid-60s and suggests we remain proud of our multiculturalism,Australians are getting richer and generally earning more over time,But a prosperous country isn’t just rich, it’s also equal – or at least not terribly unequal,A recognised way of measuring equality is via the “Gini coefficient”, which can range between zero and one, where the lower the score the more equal the distribution,Australia’s latest Gini coefficient, based on the latest household, income and labour dynamics in Australia (Hilda) survey, is 0.

307 in 2022-23 – a marked improvement from the year before but broadly equivalent to what it’s been over the past 20 years,That said, it’s still too early to judge whether the pandemic has made us more unequal, but the early signs are positive,In 2022 we had the 16th-highest level of income inequality among the 37 OECD countries for which data was available, the ABS said,
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Healthy, safe and getting along with each other: Australia attempts to look beyond GDP to measure what matters

Too often economists reduce important issues, like prosperity, to a narrow set of indicators such as gross domestic product to measure national progress.Anything that boosts GDP is good, right?Well, no, of course not. Growing the size of the economy while wrecking the environment or making people miserable is no step forward.So a number of countries around the world – including the UK, Canada and New Zealand – have introduced alternative ways to measure wellbeing that goes “beyond GDP”.Sign up: AU Breaking News emailTreasury, under the direction of Jim Chalmers, established the “Measuring What Matters” framework in 2023 to track our progress towards “a more healthy, secure, sustainable, cohesive and prosperous Australia”

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Trump official confirmed to Fed board but court rejects Lisa Cook removal bid

Senate Republicans voted on Monday to confirm a senior Trump official to the Federal Reserve’s board of governors as the White House raced to strengthen the US president’s control over the central bank ahead of its latest meeting.Hours before Fed policymakers convene for their September decision on interest rates, the Senate voted 48 to 27 to confirm Stephen Miran – already chair of Donald Trump’s council of economic advisers – as a governor.The vote concluded just as a US appeals court declined the Trump administration’s request to fire Lisa Cook, a governor appointed by Joe Biden, before the two-day policy meeting begins on Tuesday. The ruling from the US court of appeals for the District of Columbia Circuit means that Cook may remain in her position during the policy meeting where the Fed is expected to cut interest rates.Miran’s appointment marks the first time in the history of the modern Federal Reserve, which stretches back almost a century, that a sitting member of the executive branch would also work at the highest levels of the central bank

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What did Elon Musk say at far-right UK rally and did his remarks break the law?

Downing Street has condemned Elon Musk for using “dangerous and inflammatory” language at the nationalist protest organised by the far-right activist Tommy Robinson on Saturday. But will – or should – the X owner face any consequences?While he called for a “dissolution of parliament” and a “change of government”, the comments that attracted particular scrutiny were when he told the crowd: “This is a message to the reasonable centre, the people who ordinarily wouldn’t get involved in politics, who just want to live their lives. They don’t want that, they’re quiet, they just go about their business.“My message is to them: if this continues, that violence is going to come to you, you will have no choice. You’re in a fundamental situation here

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US and China reach deal to transfer TikTok ownership, trade officials say

Jamieson Greer, a US trade representative, said on Monday that Washington and Beijing have struck a framework agreement on transferring TikTok to US-controlled ownership.Speaking after emerging from negotiations with Chinese officials, Scott Bessent said the deal was coming but declined to reveal the commercial terms.“We have a framework for a TikTok deal,” the treasury secretary told reporters after coming out of high-level talks in Madrid. “We’re not going to talk about the commercial terms of the deal. It’s between two private parties, but the commercial terms have been agreed upon

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Italian skier Matteo Franzoso dies at the age of 25 after training crash in Chile

The Italian skier Matteo Franzoso has died at the age of 25 following a crash during pre-season training in Chile at the weekend, his country’s winter sports federation (FISI) has confirmed.After suffering “a major head trauma” in the accident at the La Parva track on Saturday, Franzoso was taken by helicopter to the intensive care unit of a clinic in Santiago and placed in an induced coma. The FISI confirmed on Monday that he did not recover after “cranial trauma” and a subsequent swelling of his brain.“It is a tragedy for the family and for our sport,” the FISI president Flavio Roda said in a statement on Monday. “It is absolutely necessary to do everything possible to ensure that such episodes do not happen again

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Surrey restrict Notts batters as weather hits schedule: county cricket – as it happened

Autumn unpacked her suitcase as eight Championship games were called off without a ball bowled due to rain and hazardous high winds. It was only in a small pocket of south London that play was possible, a full day’s worth in the big title battle at The Oval.Division One leaders Surrey, who had a one-point lead over second-placed Nottinghamshire coming into the game, sent their East Midlands visitors in and had bowled them out after tea. It was a disciplined and, at times, fierce display of bowling led by Matt Fisher (five for 61) and Gus Atkinson (four for 41).Atkinson, who is almost sure to play his first Ashes series this winter, was particularly slippy