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Depression costs the Australian economy approximately $12.6 billion per year and accounts for up to six million working days taken off.
Depression is now Australia’s most common illness, accounting for 8% of all years lived with disability.
The economic cost of mental illness in the community is high. Outlays by governments and health insurers on mental health services totalled $5.32 billion in 2007–2008
Depression-associated disability costs the Australian economy $14.9 billion annually.