Photo: Finn | Unsplash
In an effort to develop stronger connections between social and economic objectives, Australia launched a "national wellbeing" dashboard" on July 21st. Updated annually, the dashboard will track and reflect data across five categories - sustainable, prosperous, cohesive, secure and healthy. Wayne Cole and Alasdair Pal from Reuters reported that according to Treasurer Jim Chalmers, people have historically believed that social and economic objectives are in conflict with one another. However, the intention behind the new wellbeing dashboard is measure progress on social issues, alongside gross domestic product, employment and inflation. After the release of a 127-page government report titled "Measuring What Matters," Chalmers believes social and economic objectives "can be in concert and that is what the national wellbeing framework is all about."
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