Octopus Group

Mental Health in Australia: Our Costs and Challenges   Our recent Octopus/ Whereto Mental Health and Wellbeing Tracker data highlights a range of issues in mental health care in Australia. A staggering 59% of Australians find the mental healthcare system difficult to navigate, with an equal percentage struggling with the broader healthcare system. Financial barriers are significant, with 39% avoiding mental health treatment due to cost, rising to 51% among 15-24-year-olds and 47% among those with disabilities. Similarly, 45% have avoided general health treatment due to cost.   Diagnosis of mental illness is particularly high among 25-34-year-olds (50%), LGBTQIA+ individuals (69%), females (51%), and ATSI populations (67%). Anxiety (29%) and depression (26%) are prevalent, and 34% believe they would be diagnosed with a mental health condition if they had the means to explore their issues further.   Individuals with undiagnosed mental illnesses report higher levels of loneliness (53%), unexplained fatigue (60%), and a sense of effort in daily tasks (53%). They also experience higher levels of nervousness (46%) and restlessness (42%). Among parents, 29% have a child diagnosed with a mental health condition, with higher rates among teenagers aged 16-17. Parents express deep concerns about their children's mental health (71%), the impacts of social media (76%), and online safety (74%).   ➡ To address these challenges, we need to simplify healthcare navigation, reduce financial barriers, focus on high-risk groups, and provide robust support systems for parents and children. By taking decisive action, we can work towards a future where mental health care is accessible, affordable, and effective for all Australians.   #MentalHealth #Wellbeing #Healthcare #MentalHealthAwareness #Australia #MentalHealthSupport #WellbeingTracker2024 #HealthCareSystem #PublicHealth #MentalHealthMatters #ChildMentalHealth #LGBTQIA+ #DisabilityRights

RESPONSE RATES BUCKING THE TREND 📈 At Octopus Group, our focus has always been about providing our members an exceptional survey experience and adequately compensating them for their time and efforts. This core company focus has resulted in us having a large and engaged group of panel members who provide their valuable insights and feedback for our clients. Our commitment to providing our members an unparalleled panel and survey experience has clearly been paying off as our panel response rate has skyrocketed and is currently sitting at its highest level since forming the panel 8 years ago! Whilst we have always prided ourselves on our amazing response rates from our panel members, the increase in responsiveness really highlights the importance in our dedication to the member experience and maintaining a happy panel. 🤗 🐙

Happy Octoversary! 🐙

According to the RSPCA, in 2022 Australians are estimated to have spent 33.2 Billion dollars on pet services and products with food representing 51% of expenditure. Clearly we are a nation who love our pets and this represents a huge area of interest for brands and marketers. We have an impressive range and access to various pet owners. Come chat to us if you want to find out more about them! eddie@octopusgroup.com.au 🐶 🦊 🐃 🐷 🐭

RBA holds cash rate. 💰 A sigh of relief across Australian households as the reserve bank announces it will keep the cash rate on hold this week. But let's not forget the impact of the rising cost of living has had on our mental and emotional well-being. It's not just about tightening our belts; it's about the sleepless nights spent worrying about bills and the constant juggling act to stay afloat in this uncertainty. We’ve explored the impact on Australians in our Wellbeing tracker. Have a look and please reach out if you’d like to know more! 🐙 #mentalwellbeing #wellbeingmatters

Happy International Women's day to all you wonderful women out there! 🌻 🎈 To celebrate this day, we’d like to put a spotlight on the n= 3,519 women we surveyed in our Wellbeing tracker over the past year and explored women in the workforce. What we found was clear: In the dynamic landscape of today's workforce, women are agents of change. Albeit the challenges they still face, they are hard working, creative, caring and progressive. Together we will continue to break down the barriers that impede full integration, participation and advancement! #iwd2024 #wellbeingmatters

It’s time for some more Tales from the Sea! To celebrate the Sydney Mardi Gras weekend, we’ve fished out what our LGBTQIA community voiced in our Wellbeing tracker. Have a read what we’ve found.. 🌈 #mentalwellbeing #wellbeingmatters #lgbtqia

She's the talk of the town, and why shouldn't she! Go Tay Tay

We knew our Swifties were die-hard fans but you can't shake off these stats! We did some research on the impact Taylor Swifts' 'Eras' tour is having on us & our economy. Swipe through to find out more! #erastour #taylorswift #economicimpact

The total expenditure from the Commonwealth and the states and territories on the NDIS is estimated at $36.7 billion in 2022–23 and is expected to be $41.9 billion in 2023–24, a growth rate of 14.4%. We recognize the importance in keeping up to date with this audience and have the ability to providing close to n=2000 in our panel within 7-10 days. Contact us if this is a target you’d like to speak to! #disabilitysupport #disabilityawareness