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To Health and Happiness: WA’s Health Industry Future

Author

Listed:
  • Steven Bond-Smith

    (Bankwest Curtin Economics Centre (BCEC), Curtin University)

  • Alan S Duncan

    (Bankwest Curtin Economics Centre (BCEC), Curtin University)

  • Astghik Mavisakalyan

    (Bankwest Curtin Economics Centre (BCEC), Curtin University)

  • Richard Seymour

    (Bankwest Curtin Economics Centre, Curtin Business School)

  • Yashar Tarverdi

    (Bankwest Curtin Economics Centre, Curtin Business School)

Abstract

We often hear that an ageing Western Australian population will have a profound impact on our labour market and economy. However, it is the pressure that this changing demographic is placing on our health system that may cause the largest social impact of all.This third BCEC Focus on Industry report provides an in-depth investigation of the health industry – a sector that is of critical importance to WA’s economy and people. The report explores the economic and employment opportunity it provides to our State, including the sector’s evolution over time. We examine the current health funding model, trends in spending, and gaps in service delivery where more resources may be required – particularly in aged care. An assessment of the health workforce uncovers what sorts of jobs are being created for health professionals and health care and services workers, and whether the workforce is happy and healthy in their jobs. Finally, in an era of digital transformation, we examine if the sector is poised to benefit from new technological advances and the spaces where digital health service delivery and innovation is already apparent in Western Australia. Western Australia’s healthcare industry has certainly made significant progress in recent years, but there is certainly scope for improvement to ensure we are delivering effective and accessible high-quality services for all West Australians.

Suggested Citation

  • Steven Bond-Smith & Alan S Duncan & Astghik Mavisakalyan & Richard Seymour & Yashar Tarverdi, 2018. "To Health and Happiness: WA’s Health Industry Future," Bankwest Curtin Economics Centre Report series FI3, Bankwest Curtin Economics Centre (BCEC), Curtin Business School.
  • Handle: RePEc:ozl:bcecrs:fi03
    as

    Download full text from publisher

    File URL: https://bcec.edu.au/assets/2018/12/BCEC-To-Health-and-Happiness-Report.pdf
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    References listed on IDEAS

    as
    1. Rebecca Cassells & Alan S Duncan & Astghik Mavisakalyan & John Phillimore & Richard Seymour & Yashar Tarverdi, 2018. "Future of Work in Australia: Preparing for tomorrow’s world," Bankwest Curtin Economics Centre Report series FS06, Bankwest Curtin Economics Centre (BCEC), Curtin Business School.
    2. Steven Bond-Smith & Rebecca Cassells & Alan S Duncan & Daniel Kiely & Yashar Tarverdi, 2016. "Positioned for an ideas boom? Productivity and innovation in Australia," Bankwest Curtin Economics Centre Report series FS04, Bankwest Curtin Economics Centre (BCEC), Curtin Business School.
    Full references (including those not matched with items on IDEAS)

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