Australian unpaid social contributions valued at $287 billion
Luke is joined by Kristen Tran, Associate Researcher from the University of Sydney’s Mental Wealth Initiative, Brain and Mind Centre, to discuss a new report from the University’s Mental Wealth Initiative that shows Australians generated at least $287.86 billion in value through unpaid social contributions in 2021.
The report, A Contributing Life: A Snapshot of the Value of Social Production, shines a spotlight on the unseen value Australians contribute to national prosperity in terms of social production – value that traditionally lies outside of the boundary of gross domestic product (GDP).
Social production is made up of unpaid contributions to society through activities such as volunteering, the education and care of children, building community infrastructure, ecological restoration and caring for country, providing a crowd service, or informal mentoring.
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