The economic benefits of improving social inclusion
Lifting Australia's living standards
The Special Broadcasting Service commissioned Deloitte Access Economics to quantify the economic dividend from raising the level of social inclusion in Australia.
The Special Broadcasting Service commissioned Deloitte Access Economics to quantify the economic dividend from improving social inclusion in Australia in order to help shape its future policies and strategies for delivering on its Charter.
The analysis finds that social inclusion plays a critical role in lifting Australia's living standards through increased productivity in the workplace, improved employment and health outcomes, reducing the cost of social services and by spreading the benefits of economic growth across society.
The economic dividend from Australia having a more inclusive society is estimated to be worth $12.7 billion annually as a result of higher productivity, improved employment outcomes and improved health outcomes.