
19 October 2009: Commonwealth Financial Planning today announced the
findings of a major research project into the health, economic and social
well-being of carers living in outer regional and remote areas of
Australia.
The report was launched as part of Commonwealth Financial Planning’s
sponsorship of Carers Australia at the official launch of Carers Week 2009 in
Canberra hosted by Her Excellency, the Governor General Ms Quentin Bryce, and
is the first to examine the geographic spread and social, health and economic
well-being of carers in outer regional and remote areas of Australia. The
report, The Tyranny of Distance? Carers in regional and remote areas of
Australia, prepared by the Australian Institute of Family Studies shows of the
2.4 million Australians living outside major cities and inner regional areas,
363,000 provide unpaid care for family or friends. Despite providing invaluable
services to these communities, many carers based in rural and remote areas of
Australia are more likely to experience financial hardship and have difficulty
accessing basic services from adequate medical support to transport and
telecommunication services.
Overview
Commonwealth Financial Planning is proud to support Carers Australia in its
efforts to improve the lives of people who provide unpaid care to those with a
disability, mental illness or disorder, chronic illness, terminal illness or
who are frail. Colonial First State Advice General Manager, Mr Paul Barrett
said Commonwealth Financial Planning, the financial planning arm of the
Commonwealth Bank, sponsored the research as part of its commitment to
addressing Australian community needs. “I am pleased that Commonwealth
Financial Planning could fund this important piece of research. We believe the
study will significantly raise awareness on the well-being of carers in outer
regional and remote areas of Australia and identify actions to improve the
access to vital services for these members of the community,” Mr Barrett said.
Commonwealth Financial Planning operates one of Australia’s largest and most
diverse financial planning networks, with over 700 planners employed by the
Commonwealth Bank operating in more than 1000 branches nationally. “There is a
clear social and economic benefit to improving the financial position of
carers. We can draw on the strength of our planning network to assist carers in
all areas of Australia by providing access to advice from basics like budgeting
and goal setting to developing plans for achieving ongoing financial
independence,” Mr Barrett added.
The findings
The study was conducted by the Australian Institute of Family Studies
(AIFS), an Australian Government statutory agency in the portfolio of the Prime
Minister and Cabinet. It conducts research and communicates findings to policy
makers, service providers and the broader community about factors that affect
family well-being. The research was based on information about carers and
non-carers from the 2006 Census of Population and Housing and the 2006 General
Social Survey.
The Australian Institute of Family Studies’ Research Fellow, Dr Ben Edwards,
said it was the first study in Australia to look at carers in rural and
regional Australia, and the first to examine the impact of the drought on
carers’ employment.
“People living in rural and regional Australia who regularly care for a family member with a disability, long term illness, or who are frail or aged have long faced multiple challenges, including lack of access to services, higher rates of disability or a long-term health condition and lower rates of employment, and now they are also feeling the effects of the drought. “The study showed that carers are vulnerable to the economic impact of the drought, with carers in drought areas more likely to experience a reduction in full time employment than those employed part time,” Dr Edwards said. Some highlights from the findings include:
Joan Hughes, Chief Executive Officer of Carers Australia said: “This study
demonstrates the need for coordinated strategies to improve carers’ access to
vital services in rural and remote communities. Clearly, the health and
well-being of carers in these areas is a significant issue and there is an
urgent need to ensure that we, as a society, look after these carers.
Appropriate education and training to support carers is vital”. “The age group
of carers in very remote Australia is another cause for concern. Education is
paramount to the lives of all young Australians. Innovative and creative
programs will be essential if we are to ensure that young carers in these areas
are able to enjoy the same choices and opportunities as all young people across
Australia,” Ms Hughes said.
A full copy of the report can be obtained at www.carersaustralia.com.au
Media information:
Noelle Waugh
Media Manager Commonwealth Financial Planning
P: (02) 9303 6412
M: 0415 193 624
Alison Kemmis
Communications Officer
Carers Australia
M: 0417 604 305
EDITORS’ NOTES:
Commonwealth Financial Planning
Commonwealth Financial Planning, part of the Colonial First State Advice Business, offers financial advice to customers through more than 700 planners employed by the Commonwealth Bank operating in branches across Australia. Financial planners advise customers on: budgeting and goal setting, building a financial plan, ongoing financial independence and protecting assets. Commonwealth Financial Planning has over 18 years of experience in providing financial advice and investment services.
Carers Australia
Carers Australia works with a network of carers associations in each state
and territory to improve the lives of carers. They provide important services
like counselling, advice, advocacy, education and training. They also promote
recognition of carers to governments, businesses and the wider public.