Wellbeing

Wellbeing

Wellbeing has been used for some time as a way of measuring progress towards indicators for child success. However, New Zealand's approach to budgeting is novel. The architects of this strategy hope that it's an approach to tackle long-term challenges by working collaboratively. The priorities were developed with wellbeing analysis, drawing on demographic data and evidence and advice gained through collaborating with science and sector experts.

The Wellbeing budget has three fundamental elements:

1. utilizing a ‘whole of government’ approach by stepping out of the silos of agencies and working together to assess, develop and implement initiatives to improve wellbeing;
2. looking at intergenerational outcomes; and
3. moving beyond narrow measures of success

The Wellbeing budget focuses on five priorities:

  • Taking mental health seriously
  • Improving child wellbeing
  • Supporting Maori & Pasifika aspirations
  • Building a productive nation
  • Transforming the economy

Learn more about New Zealand's efforts.