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Leaders

Mental health services in Australia face funding and access crisis

Mental health support needs increased funding and resources to combat stigma and ensure affordability in Australia.

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Mental health support needs increased funding and resources to combat stigma and ensure affordability in Australia.

In Short

Demand for mental health support is rising in Australia, hindered by affordability, resource shortages, and stigma. Shehara Fernando, CEO of Crowned Cross Healthcare, calls for equal prioritisation of mental health services and systemic changes to improve access and reduce stigma.

The demand for mental health support continues to rise as affordability, resource shortages, and societal stigma present significant hurdles.

Shehara Fernando, founder and CEO of Crowned Cross Healthcare, highlighted the pressing need to prioritise mental health services on par with physical health care in Australia. High out-of-pocket costs hinder access, with current Medicare rebates often inadequate for ongoing therapy and specialised treatment.

Resource shortages, particularly of psychologists and psychiatrists, must be addressed through increased training of healthcare professionals and the expansion of telehealth options, which can reach rural populations effectively. Fernando emphasised the need for tailored services for diverse groups facing unique mental health challenges.

Overcoming societal stigma, especially among men, remains critical. Statistics reveal only 15% of Australian men with mental health conditions seek help, with a substantial number dropping out of treatment. Fernando urged public figures to speak openly about mental health, fostering an environment where seeking help is seen as a sign of strength.

Crowned Cross Healthcare aims to deliver quality mental health services and encourages individuals to connect through their website and social media for support and resources. More systemic changes and discussions are vital for improving mental health care access.

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Wealth building requires discipline over chasing returns

Australians urged to prioritise disciplined investing over chasing high returns amidst concerns of an impending asset bubble

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Australians urged to prioritise disciplined investing over chasing high returns amidst concerns of an impending asset bubble.

In Short:
– Australians are building wealth through disciplined saving and investing rather than chasing high returns.
Bryce Jenkins warns against heavy investments at market peaks due to risks from asset bubbles.

Australia’s financial landscape is evolving as individuals pursue disciplined wealth-building habits. Bryce Jenkins from The Virtuous Collective emphasises that it is not investments that lead to wealth but rather the consistency of disciplined saving and investing.

Recent market trends indicate that exceptional returns seen in property, cryptocurrencies, shares, and bonds may not persist. Jenkins argues that committing additional capital to a portfolio has a more significant impact on wealth than simply chasing high returns.

He cites scenarios from his book, “11 Unpopular Reasons Why I’m Rich and You Are Not,” illustrating how even small capital injections can significantly benefit investors over time.
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Leaders

Rising workplace loneliness sparks leadership rethink in Australia

Australian workplaces face rising loneliness, prompting calls for leaders to enhance authentic communication according to new employee report

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Australian workplaces face rising loneliness, prompting calls for leaders to enhance authentic communication according to new employee report.

In Short:
– Australian workplaces face rising unhappiness, prompting calls for authentic executive communication and insights on challenges.
– Nearly half of Australian employees feel lonely, affecting productivity, with effective communication crucial for engagement.

As unhappiness and distrust rise in Australian workplaces, this year’s employee communication impact report calls for authentic communication from executives.

David Burnand from Staffbase provides insights into the challenges facing employers. Employers often express a desire for authenticity but fear potential backlash.

This concern is exacerbated by the current emphasis on productivity, which can overshadow the need for genuine communication. Many HR managers advise caution, suggesting that leaders should remain reserved, which impacts workplace dynamics.Banner

In Australia, nearly half of the workforce experiences some level of loneliness, often due to disconnection from their organisations.

This sense of isolation correlates with a 23% increase in job-seeking behaviour and significantly lowers productivity.Download the Ticker app

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AI Baby Sleep Help: How Technology Is Changing Parenting

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AI offers personalised support to overwhelmed parents seeking smarter solutions for baby sleep challenges.

In Short:
– Parents are seeking effective sleep solutions for babies, with AI offering personalised support.
– Camille Jaramis aims to simplify parenting information by providing tailored and empathetic AI responses.

Parents are increasingly seeking effective ways to help their babies sleep. Artificial intelligence is emerging as a solution, providing personalized support to families overwhelmed by information. Camille Jaramis from Ask Yawn shared insights into the challenges parents face. She highlighted that while parenting isn’t inherently broken, the existing system often complicates things. With her background as a certified sleep consultant, Jaramis aims to simplify parenting information.Banner

The abundance of resources can overwhelm parents. Jaramis compared parenting advice to a vast library, where finding specific information feels daunting. The solution is a librarian-like tool that interacts with parents to find tailored resources quickly.

Jaramis emphasised the importance of clarity for parents, noting that every child’s journey is unique. Traditional search engines often lead to generic advice, making it challenging to find relevant solutions. AI can streamline this process by delivering tailored responses instead of overwhelming the user.Download the Ticker app

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