Latest News

Back to Latest News back

 

New Zealand Government promises world-first ‘wellbeing’ budget

New Zealand Government promises world-first ‘wellbeing’ budget
May 15, 2019

Child poverty, domestic violence and mental health will be the priorities in a world-first ‘wellbeing budget’, set to be announced by New Zealand Finance Minister Grant Robertson, with the nation declaring itself the first in the world to measure success by its people’s wellbeing.

Minister Robertson yesterday advised that that despite New Zealand’s ‘rockstar’ economy many New Zealanders were being left behind, with home ownership at a 60-year low, the suicide rate climbing and homelessness and food aid grants on the rise.

According to predictions by the International Monetary Fund, the New Zealand economy is expected to grow at around 2.5 % in 2019 and 2.9% in 2020.

However, Minister Robertson emphasised many New Zealanders were not benefitting in their daily lives.

Although comparable countries such as the United Kingdom have begun to measure the national rate of wellbeing, New Zealand is the first western country to design its entire budget around wellbeing priorities and instruct its ministries to design policies to improve wellbeing.

Minister Robertson stated “we had - and have - GDP growth rates that many other countries around the world envied, but for many New Zealanders, this GDP growth had not translated into higher living standards or better opportunities.”

With New Zealand’s 2019 budget to be handed down on 30th May, Minister Robertson advised “for me, wellbeing means people living lives of purpose, balance and meaning to them, and having the capabilities to do so.

“This gap between rhetoric and reality, between haves and have-nots, between the elites and the people, has been exploited by populists around the globe.”

He cited a cultural rehabilitation program for Māori high-security prisoners, aimed at reducing high rates of recidivism and reoffending, as the kind of project that would be prioritised in the budget.

The opposition National party has criticised the coming budget as being out of touch with the country’s values, saying that what New Zealanders really needed to improve their lives was better infrastructure and public services.

Earlier in the year, the National party’s spokeswoman on finance, Amy Adams stated “according to this framework the Government’s put in place, making a new friend is almost twice as valuable as not having to go to the emergency department.

“Or getting on better with your neighbours is twice as valuable as avoiding diabetes – I just think it starts to become a nonsense,”

The Kingdom of Bhutan kickstarted the global wellbeing focus with the introduction of the Gross National Happiness Index in 2008, measuring things such as psychological health, living standards, community vitality and environmental and cultural resilience to inform government policy making.

However, despite the index, the country remains a ‘least developed country’ and the unemployment rate is rising. Bhutan also ranks 96 spots below the world’s happiest country, Finland, as defined by the UN in its annual World Happiness Report.

Image: The former Wanderlust yoga event.

Related Articles

9th May 2019 - Strategy boosts profile of New Zealand Women in Sport

8th May 2019 - Restored wellbeing measures endorse councils’ community focus

22nd April 2019 - New Zealand report prioritises environmental challenges

21st March 2019 - New Zealand recreation groups support Government moves for firearms reform

21st January 2019 - Creative New Zealand report says arts vital to the future of tourism

13th December 2018 - Arts continue to deliver value for New Zealanders

12th October 2018 - Prime Minister Jacinda Ardern launches Sport NZ Strategy for Women and Girls in Sport and Active Recreation

2nd October 2018 - Lack of exercise impacts New Zealanders’ health

5th September 2018 - World Health Organization advises that lack of exercise puts one in four people at risk

19th March 2018 - Study shows New Zealanders appreciate the Value of Sport

23rd February 2018 - Statistics NZ study shows cultural participation linked to life satisfaction

18th April 2016 - Dubai Parks and Resorts introduces ‘happiness fund’ for its staff

17th October 2015 - 15-year research project reveals the essence of happiness

7th March 2015 - Lack of exercise causes 12.7% of all deaths in New Zealand


Asking a small favour
We hope that you value the news that we publish so while you're here can we ask for your support?

The news we publish at www.ausleisure.com.au is independent, credible (we hope) and free for you to access, with no pay walls and no annoying pop-up ads.

However, as an independent publisher, can we ask for you to support us by subscribing to the printed Australasian Leisure Management magazine - if you don't already do so.

Published bi-monthly since 1997, the printed Australasian Leisure Management differs from this website in that it publishes longer, in-depth and analytical features covering aquatics, attractions, entertainment, events, fitness, parks, recreation, sport, tourism and venues management.

Subscriptions cost just $90 a year.

Click here to subscribe.

 

supplier directory

The Complete Guide to Leisure Industry Products & Services.

See the directory see all

PRIAVA

About Priava's Technology -  Priava is a cloud-based and centralised venue and event management system aimed at venues of all sizes. With its familiar and easy-to-use web interface, the…

read more

Attractions / Billing / Entertainment / Events / Technology

 
 

Augmented Creative

Augmented Creative is an open organization of like-minded and highly dedicated, creative people who conceive, plan and execute visual solutions. We pursue new and innovative visual ideas to help…

read more

Arts / Attractions / Consultants / Design / Tourism

 
 

Myzone

Myzone is the industry’s leading wearable technology solution. Myzone’s wearable products show and reward effort when you work out. It displays accurate real-time heart rate, calories, and…

read more

Fitness / Sport / Technology / Wellness

 
 

INTELLIGENZ

Recreation Management Software for managing all your program registrations, facility bookings, membership pass sales and Point of Sale; including detailed reporting, automated customer communication…

read more

Access / Billing / Finance / Marketing / Technology

 
 

AUSFIT

Ausfit began in 1992, providing software services to the health and fitness sector including ClubWise, a fully hosted web-based product which combines state of the art club management software,…

read more

Billing / Finance / Fitness / Technology

 
 

HRMWEB

At easyemployer we've come up with a software solution that manages one of your most important, and often most costly, business resources - your staff. We are helping 100s of clients to…

read more

Finance / Fitness / Technology

 
 

Aflex Inflatables

Aflex Inflatables are the leaders for obstacle courses, pool toys, waterparks and land-based watersides and fitness runs. They are industry leaders offering the widest range of pool, lake and beach…

read more

Aquatics / Play / Waterparks

 
 

Fun Wheels Pty Ltd

Fun Wheels Pty Ltd are the premium dealer in Australasia for the Dutch company BERG’s commercial and domestic products. Our flagship product is their revolutionary pedal go-kart – the…

read more

Attractions / Tourism / Venues

 
 
 
 

get listed with our suppliers directory

Get your business noticed in our targeted directory. Viewed by 10,000 industry professionals per week!

list your business