Australian Treasurer Jim Chalmers and economist and Nobel Laureate Joseph Stiglitz are old friends. One of their conversations was turned into the lead article in the February edition of The Monthly (paywalled). Several of their thoughts impinge on how occupational health and safety (OHS) laws are applied and may be reformed.
Citizen and worker well-being will not be a major focus of the Australian government’s budgets, but it will still influence them. Recently, Professor Paul Read assessed the Wellbeing Budget concept in The Australian Fabians Review (issue 8). His optimism is notable and helps us understand well-being in an occupational and psychological context.
Australian Treasurer Jim Chalmers was keen on establishing a “Wellbeing Budget“. The initiative faded, but the desire persisted. The Wellbeing Budget is getting renewed interest but also some anticipatory criticism. Such a budget could have significant impacts on occupational health and safety (OHS) management, so it warrants monitoring and cautious support.
