Baseline Valuation Report
The report provides a baseline analysis of lifetime welfare costs as at 30 June 2015; setting a benchmark and highlighting areas of interest.
Further analysis of Priority Investment Approach data has identified the priority groups for initial policy responses as young carers, young parents and young students transitioning directly to unemployment payments.
We have developed a factsheet on each of these three groups:
The report gives us a foundation to begin the investment process. This and subsequent analyses will help us develop evidence-based policies and programs and direct them where they best deliver results.
Subsequent annual valuations will increase the evidence base and help identify what is working.
Validation
The baseline valuation has been independently validated by the University of Queensland’s Institute for Social Science Research, in partnership with Deloitte.
The validation report found the baseline valuation to be reasonable, well documented, accurate, fit for purpose and suitably adaptable.
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