Lowitja Institute position paper: Voice to Parliament offers significant economic benefits
Lowitja Institute has identified significant economic benefits, including the potential for up to $10 billion a year savings in health, from a constitutionally embedded Aboriginal and Torres Strait Islander Voice to Parliament and Executive Government.
The economic opportunities are outlined in our new report, which highlights that overall government expenditure on Aboriginal and Torres Strait Islander peoples is 6% of total public expenditure, but only 18% of this is specifically targeted towards Aboriginal and Torres Strait Islander peoples.
The report finds that an independent Voice would be a strong external mechanism by which Aboriginal and Torres Strait Islander communities could assess how investment is allocated and used — not only improving Aboriginal and Torres Strait Islander people’s wellbeing, but also government return on investment.