- report
The Treasury has released its first big picture report on wellbeing in New Zealand, which it is now required to do every four years under the Public Finance (Wellbeing) Amendment Act.
Treasury Secretary Caralee McLiesh said it established an evidence base which can help to understand the trends, distribution and sustainability of wellbeing, and inform the Treasury's advice to the Government of the day on what needs prioritising.
Its purpose is not to replace more traditional indicators of progress, such as economic growth, but rather to provide a broad, long-term perspective on how the country is faring, without suggesting specific solutions to these complex issues.
Link to article: Young people’s wellbeing much worse than older generations - report (1news.co.nz)