The following was received from the Mental Health Council of Australia:
A key report indicates the dramatic cost to the community of mental illness in Australia's youth. These new findings indicate that in 2009, the financial cost of mental illness in people aged 12-25 was $10.6 billion, with the majority due to lost productivity due to lower employment, absenteeism and premature death. This equates to $10,544 per annum per young Australian with a mental health disorder. [When] launching the report ... , headspace CEO Chris Tanti emphasised its significance, [saying the] report is the first to estimate the costs of youth mental health disorders in Australia. Until now there has been a paucity of information regarding the economic burden of mental illness in this age group.
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