Australia is getting a wellbeing budget. What is that?

An idea that Australia discarded a decade ago will return on Tuesday night.

That idea is a so-called “wellbeing budget”. It is being talked up by the Treasurer Jim Chalmers. 

Chalmers has promised that Australia will follow countries like Scotland and New Zealand in judging the success of government spending not just against GDP and income per person, but based on whether it improves the wellbeing of the Australian people.

Today, social researcher and director of research at 89 Degrees East, Rebecca Huntley on whether a budget can actually make us happier.

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Guest: Social researcher and director of research at 89 Degrees East, Rebecca Huntley.

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