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The economic value of informal mental health caring in Australia
Publishing organisation: Mind Australia
Year of publication: 2017
Commissioned by Mind Australia, this report presents research conducted by the University of Queensland’s School of Public Health into the economic value of the informal mental health-care workforce in Australia. Findings include an annual contribution of $13.2 billion by informal mental health carers – 1.7 times more than Australian governments invest in mental health services each year.
Other key findings include that:
- an estimated 240,000 Australians care for an adult with mental illness
- $1.2 billion is currently spent on support for mental health carers
- most of mental health carers’ time is spent on emotional support
- not all mental health carers are accessing support services or feel their needs are addressed.