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Mental Wealth Initiative

A transdisciplinary initiative working to foster the mental wealth of nations

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Building the social fabric and economic prosperity of communities by developing new tools to measure, monitor and forecast national and regional dynamics of Mental Wealth.

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Mental Wealth Initiative Prospectus

Filename
mentalwealth.2pager.research_streams_2026.pdf
Title
Mental Wealth Initiative Prospectus
Size
149 KB
Format
application/pdf
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pdf

About our research

The Mental Wealth Initiative brings together national and international experts across business, economics, law, public health, social policy, and mental health to empower communities and nations to foster their Mental Wealth.

Our transdisciplinary research team harnesses systems modelling and simulation to understand the factors that generate positive outcomes for mental health and contribute to thriving, productive and resilient communities and economies. 

Our mission

Our mission is to foster the Mental Wealth of Nations – creating environments where individuals and societies thrive, where economies prosper by prioritizing well-being, and where we can address global challenges with resilience, unity, and innovation.

Co-directors A/Prof Jo-An Occhipinti and Prof John Buchanan

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Our approach

We are working to achieve our mission by:

  • Promoting wellbeing-focussed economies: We champion the transition to wellbeing economies by introducing the "Mental Wealth" metric that extends GDP, offering a comprehensive perspective of national prosperity to assess progress.
  • Building brain capital and community cohesion: We are working with international partners to enhance mental capital, mental health, and community cohesion that are critical to social and economic prosperity.
  • Pioneering transdisciplinary research: We undertake cutting-edge transdisciplinary research to inform innovative policies and actions that promote mental and social wellbeing.
  • Empowering nations with 21st century tools: We equip nations with state-of-the-art tools for measuring, tracking, and investing in Mental Wealth, utilizing advanced systems modelling and simulation techniques.

Why now?

Globally we are at a critical juncture. Climate change, displaced populations, rising inequalities, food and energy insecurity, polarization, and misinformation are weakening democracies, eroding mental health and the social fabric of communities, and undermining progress towards Sustainable Development Goals. When combined with the potential disruption of generative AI, these interconnected global challenges pose substantial risks to national and global economies and social stability.

Systemic problems require systemic solutions.

A pathway to addressing these issues lies in transitioning to a Wellbeing Economy, one that better aligns and balances the interests of collective well-being and social prosperity with economic and commercial interests. This paradigm shift encompasses a ‘Mental Wealth’ approach to assess national progress, recognizing that sustainable prosperity encompasses more than just economic growth, it includes and requires social well-being and inclusivity. Systemic action requires nations to have the capacity to quantify and track Mental Wealth and generate the transdisciplinary science needed to empower decision-makers to achieve multisystem resilience, social and economic stability, and sustainable, inclusive national prosperity.

Acting systemically to address global challenges will require the combined instruments of science, technology, business, policy, politics, public mobilization, and international cooperation to build brain capital, and social cohesion, and foster the Mental Wealth of nations.

Read more on the role of national  in supporting transition to Wellbeing-orientated Economies.

Selected Publications

Jo-An Occhipinti, Ante Prodan, William Hynes, Roy Green, Sharan Burrow, Harris Eyre, Adam Skinner, Goran Ujdur, John Buchanan, Ian Hickie, Mark Heffernan, Christine Song, Marcel Tanner. Artificial intelligence, recessionary pressures and population health. Bull World Health Organ. 2025 Feb 1;103(2):155-163.

Paul Crosland, Nicolas Ho, Kim-Huong Nguyen, Kristen Tran, Seyed Hossein Hosseini, Catherine Vacher, Adam Skinner, Jordan van Rosmalen, Sebastian Rosenberg, Frank Iorfino, Victoria Loblay, Olivia Iannelli, Sarah Piper, Yun Ju Christine Song, Sophie Morson, Judith Piccone, Adam Connell, Deborah Marchall, Ian V. Hickie, Jo-An Occhipinti. The economic value of improving social determinants of mental health. Nature Mental Health, 2025:  

Jo-An Occhipinti,§ Nicholas Ho,§ Paul Crosland, Sam Huntley, Wendy Hawkins, Adam Connell, Judith Piccone, Sarah Piper, Hossein Hosseini, Catherine Vacher, Jordan van Rosmalen, Sophie Morson, Courtney Milham, Wendy Burton, Kayla Andrade, Chloe Gosling, Kristen Tran, Christine Song, Victoria Loblay, Jo Robinson, Adam Skinner*, Ian B. Hickie* (joint senior authors). Beyond capacity limits: Can social cohesion offset the impact of service constraints on youth mental health? European Psychiatry, 2025 Jun 27;68(1):e93. doi:  

Ante Prodan, Jo-An Occhipinti, William Hynes, Shane Donohoo, Mark Heffernan, Roy Green, Pawel Swieboda. Generative AI Data Centres for Renewable Energy Integration and Grid Stability: Fostering a Sustainable Economic Future. SSRN preprint:

Mouna Sawan*, Saman Khalatbari-Soltani*, Anita van Zwieten, Suraj Samtani, Jo-An Occhipinti#, J. Jaime Miranda# (*/# joint first & last authors). Valuing caregiving is a prerequisite for the wellbeing economy and mental wealth. Nature Aging: 28 April 2025:

Adam Skinner, Eloisa Perez-Bennetts, Frank Iorfino, Mathew Varidel, Matthew Richards, Jo-An Occhipinti, Yun Ju Christine Song, Sebastian Rosenberg, Elizabeth M. Scott, Ian B. Hickie. Reshaping youth mental health care for optimal system-level outcomes: a dynamic modelling analysis. PLOS Mental Health 2(2): e0000232.

Adam Skinner, Isabel Li, Mathew Varidel, Frank Iorfino, Jo-An Occhipinti, Christine Song, Min K. Chong, Ian Hickie. Dynamic Bayesian network analysis of the social determinants of mental health. PNAS Nexus, Volume 4, Issue 7, July 2025,

Andrea N. Natsky, Laura Ospina Pinillos, Esperanza Pena Torres, Monica Natali Sanchez Nitola, Débora Lucía Shambo Rodríguez, Salvador Camacho, Adriane Martin-Hilber, Paul Crosland, Adam Skinner, Ian B. Hickie, Jo-An Occhipinti. Economic Evaluation of 9 Intersectoral Strategies to Improve Youth Mental Health and Alleviate Financial Burden in Colombia Using System Dynamics Modeling. Value in Health, 2025, Vol 28 (3):

Isabel Li, Adam Skinner, Jesse Zhao, Ian Hickie, Jo-An Occhipinti. Understanding drivers of loneliness: Machine learning insights from the HILDA survey. Research Directions: Depression. 2025;2:e3.     

Anita van Zwieten, Suraj Samtani, Mouna Sawan, Jo-An Occhipinti, J. Jaime Miranda#, Saman Khalatbari-Soltani# (#joint last authors). Supporting the implementation of life course approaches to accelerate progress on equitable healthy ageing. Nature Aging. 2025:

Alfred K. Njamnshi, Jacques Fame Ndongo….(100 Yaoundé Declaration Scientific Technical Committee co-authors including Jo-An Occhipinti)….Harris Eyre. African Leadership in Brain Diplomacy: The Yaoundé Declaration Advances the Global Brain Economy Playbook for Better Brain Health. Neuroscience 2025; Vol 577, p.161-174:   

Erickson, E, Buchanan, J, Sarter, EK, Warhurst, C, Striestska-llina, O and Klok, BT (2025) ‘Building skills ecosystems for sustainable productivity improvements’ in ILO Global Employment Policy Review 2025, ILO Geneva

Buchanan, J, Allais, S, Anderson, M, Calvo, R, Peter, S and Pietsch, T (2025) The futures of work: what education can and cannot do,Robert, P and Saar, E (eds) Edward Elgar Handbook on Education and the Labour Market, Cheltenham (UK): 141 - 164 

Jo-An Occhipinti, John Buchanan, William Hynes, Harris A. Eyre, Kristen Tran, Yun Ju Christine Song, Allan Fels, Adam Skinner, Sebastian Rosenberg, Ante Prodan, Goran Ujdur, Andrea N. Natsky, Troy Henderson, Raphael Hasudungan, & Ian B. Hickie. Estimating the Mental Wealth of nations: valuing social production and investment. Nature Mental Health, 2023; 1(4), 247-253:  

Jo-An Occhipinti, Ante Prodan, William Hynes, Harris A. Eyre, Alex Schulze, Goran Ujdur, Marcel Tanner. Navigating a stable transition to the Age of Intelligence: A Mental Wealth perspective (October 6, 2023). Available at SSRN:   or 

Jo-An Occhipinti, William Hynes, Patricia Geli, Harris Eyre, Christine Song, Ante Prodan, Adam Skinner, Goran Ujdur, John Buchanan, Roy Green, Sebastian Rosenberg, Allan Fels, & Ian B. Hickie. Building systemic resilience, productivity, and wellbeing: a Mental Wealth perspective. BMJ Global Health, 2023; 8: e012942: 

Jo-An Occhipinti, Adam Skinner, Murali Doraiswamy, Shekhar Saxena, Harris A. Eyre, William Hynes, Patricia Geli, Dilip V. Jeste, Carol Graham, Yun Ju Christine Song, Ante Prodan, Goran Ujdur, John Buchanan, Sebastian Rosenberg, Paul Crosland, & Ian B. Hickie. Economic determinants: A Mental Wealth perspective on the ‘cause of causes’ of mental illness (Economics Theme Issue) Perspectives. The Bulletin of the World Health Organization, (in press as of December 2023).

Adam Skinner, Nathaniel D. Osgood, Jo-An Occhipinti, Yun Ju C Song, Ian B. Hickie. Unemployment and underemployment are causes of suicide. Science Advances, 2023; 9, eadg3758: 

Jo-An Occhipinti, John Buchanan, Adam Skinner, … & Ian B. Hickie. Measuring, modelling, and forecasting the Mental Wealth of Nations. Frontiers in Public Health, 2022, Vol 10: .

Jo-An Occhipinti, Adam Skinner, P. Murali Doraiswamy, … & Ian B. Hickie, on behalf of the World Economic Forum Global Future Council on Mental Health. Mental health: Build predictive models to steer policy. Nature, 2021; 597: 633-636: 

Adam Skinner, Jo-An Occhipinti, Yun Ju Christine Song, Ian B. Hickie. Population mental health improves with increasing access to treatment: evidence from a dynamic modelling analysis. BMC Psychiatry, 2022; Vol 22: 

Adam Skinner, Jo-An Occhipinti, Ante Prodan, Yun Ju Christine Song, Ian B. Hickie. Bi-stability and critical transitions in mental health care systems: a model-based analysis. International Journal of Mental Health Systems, 2023; 17, 5: 

Harris A. Eyre, Jo-An Occhipinti, Laura Murray, William Hynes, Rym Ayadi, Mohamed Salama, M.D., Ph.D., Pawel Swieboda, et al. How Brain Capital Can Drive Progress on UN’s Sustainable Development Goals. Baker Institute, November, 2023 

Yun Ju Christine Song, Sebastian Rosenberg, John Mendoza, … & Ian B. Hickie. Missing in action: The right to the enjoyment of the highest attainable standard of mental health care. International Journal of Mental Health Systems, 2022; Vol 16 (26): 

Kristen Tran, John Buchanan, Yun Ju Christine Song, Sebastian Rosenberg, Jo-An Occhipinti, Ian B. Hickie. A Mental Wealth perspective: Crossing disciplines to understand the value of collective mental and social assets in the post-COVID-19 era. International Journal of Mental Health Systems, 2022; 15 (56): 

William Hynes, Pawel Swieboda, Patrick Love, Jo-An Occhipinti, Harris A. Eyre. From Markets to Minds: The role of brain capital in economic security. Rice University’s Baker Institute for Public Policy, August 3, 2023: 

Key reports

The Value of Social Production in Norway. Report prepared by the University of Sydney’s Mental Wealth Initiative, in partnership with the European Brain Council, the Norwegian Brain Council, the Brain Capital Alliance, the Brain Economy Hub, the Neuro-Policy Program at Rice University’s Baker Institute for Public Policy, the European Policy Centre, the Euro-Mediterranean Economists Association, the Global Brain Coalition, the WHO Working group on Social Production, Computer Simulation & Advanced Research Technologies (CSART), and the SIPHER Consortium. , Switzerland, January 2025.

Trends in NSW Psychiatrists’ Pay – 2007-2024. A report prepared for the Australian Salaried Medical Officers Federation (NSW Branch) by Professor John Buchanan with the assistance of Associate Professor Anastasios Panagiotelis and Dr Troy Henderson, Sophie Cotton and Nicholas Avery. March 6, 2025.

Understanding the potential impact of different salary options for solving the unfolding crisis in the NSW public sector psychiatry workforce. A Supplementary Report prepared for the Australian Salaried Medical Officers Federation (NSW Branch) by Professor John Buchanan with the assistance of Sophie Cotton, Associate Professor Jo-An Occhipinti, Associate Professor Anastasios Panagiotelis and Nicholas Avery. March 21, 2025.

Productivity, Inflation and National Pay Benchmarks: Determining fair and efficient pay rates for NSW Nurses and Midwives, John Buchanan, Troy Henderson, Anastasios Panagiotelis and Jo Occhipinti August 2025

Queensland Nurses and Midwives’ Pay. From nation leading to falling behind?, Report Queensland Nurses and Midwives Union, John Buchanan and Troy Henderson, 8 July 2025

Metrics for socially sustainable infrastructure workplaces: Key issues and indicative data items, report for IFM Investors, John Buchanan, Susan Thorp, Troy Henderson, Jo Occhipinti, Nick Glozier and Shannon O’Keeffe 11 April 2025

Jo-An Occhipinti, Kristen Tran, Harris Eyre, Patricia Geli, Christine Song, Ian Hickie. Public release, July 2023 in partnership with the Harvard T.H. Chan School of Public Health, Rice University, and the Reform for Resilience Commission:   

Jo-An Occhipinti, Harris Eyre, William Hynes. US Mental Wealth Observatory Policy Memo drafted in partnership with the Federation of American Scientists and other collaborators and launched at the Science Summit of the 78th UN General Assembly. September 2023:   

Kristen Tran, Jo-An Occhipinti, John Buchanan, Sebastian Rosenberg, Yun Ju C Song, Ian B. Hickie. A contributing life: A snapshot of the value of social production. A Mental Wealth Initiative Report. Public release: February 2023: /news-opinion/news/2023/03/15/australian-unpaid-social-contributions-valued-at--287-billion.html

John Buchanan, Stephen Tierney, Troy Henderson, Jo Occhipinti. From bad to worse to where? NSW Teachers Pay 2020 – 2022 and beyond. A Report for the NSW Teachers’ Federation, Jan 2023: /news-opinion/news/2023/02/02/nsw-teacher-pay-gone-from-bad-to-worse.html

John Buchanan, Susan Thorp, Troy Henderson, Nick Glozier. What are sustainable workplaces? Defining the issues and opportunities for long-term owners of infrastructure assets (First research paper in a series on this topic funded by a grant from Industry Funds Management – IFM), November 2023.

Harris A. Eyre, William Hynes, Geoffrey Ling, Jo-An Occhipinti, Rym Ayadi, Michael Matthews, Ryan Abbott, Patrick Love. From neuroweapons to ‘neuroshields’: Safeguarding brain capital for national security. Policy Brief, Center for Health and Biosciences, Rice University’s Baker Institute for Public Policy: 

In the media and Podcasts

  • John Buchanan. [01 Nov 2025]: ABC ¸ßÇ帣ÀûƬ  
  • John Buchanan. SBS ¸ßÇ帣ÀûƬ. [31 Jan 2025]: 
  • Jo-An Occhipinti. Measuring Australia's 'mental wealth' and social production - women and those over 65 are playing a big role [13th March 2023]. 
    ABC ¸ßÇ帣ÀûƬ: 
  • Jo-An Occhipinti. Mental health plays a big role in advancing the economy - we need a measure beyond GDP [10st April 2023].
    SBS ¸ßÇ帣ÀûƬ: 
  • John Buchanan. How do you respond when asked about your salary expectations?
    ABC Radio Sydney [16 February 2023]: 
  • Sebastian Rosenberg. Inequity in mental health care is widening, with treatment 'out of reach' for many Australians.
    ABC ¸ßÇ帣ÀûƬ [14 March 2023]   

  • John Buchanan & Phillip Clark. How Australia can boost ‘whole of community’ happiness and what the happiest country, Finland can teach us [13th August 2022].
    ABC Night life and Apple Podcast: 

  • John Buchanan. ABC Radio National. [03 Oct 2025]:  

  • Erin Smith, Jay Weatherill, Carol Graham, … & Harris A. Eyre: Brain capital: A new vector for democracy strengthening [8th November 2022].
    Brookings Institution, Up Front: 

  • Jo-An Occhipinti & Adam Skinner. Mathematical modelling and computer simulations guide better mental health policy.
    Scientific American [18th September 2021]: 

  • John Buchanan & Jo-An Occhipinti. Mental wealth – the neglected force in national prosperity.
    Sydney Business Insights [March 2022]: 

  • John Buchanan. It’s a wake-up call: The industries that have lost nine in 10 workers in the past decade.
    The Age [1 January 2023]:   

  • Jo-An Occhipinti, Adam Skinner, Ian B. Hickie, & Yun Ju Christine Song. New findings show a direct causal relationship between unemployment and suicide [13th July 2023].
    The Australia Today:  
  • John Buchanan. Australians are severely burnt out and need a workplace reset. 
    news.com.au [5 October 2023].  

  • John Buchanan. The Conversation. [03 Jun 2025]: 
  • John Buchanan, Ian B. Hickie, & Jo-An Occhipinti. Mental wealth and jobs: without it, we’re just pouring water into a leaking bucket.
    The Conversation [1st Sep 2022]: 
  • Raphael Gunawan Hasudungan, Andrea Natalie Natsky, & Jo-An Occhipinti. Mental health plays a big role in advancing the economy - we need a measure beyond GDP.
    The Conversation: 
  • Jo-An Occhipinti, Adam Skinner, Ian B. Hickie, Christine Song. New findings show a direct causal relationship between unemployment and suicide.
    The Conversation: 

John Buchanan. The Daily Mail. NSW firefighters have secured a 14% pay rise, a decision Professor John Buchanan says highlights ongoing tensions between fair pay and government arguments about fiscal limits. [15 Aug 2025]: 

John Buchanan is quoted on on wages policy. Daily Mail Australia. [06 Jun 2025]: 

John Buchanan is quoted about the 3.5% wage increase and its implications for real wages, inflation, and future wage policy. The Daily Telegraph. [05 Jun 2025]: 

  • John Buchanan. The Guardian. [15 Jul 2025]: 

  • Jo-An Occhipinti, Ian B. Hickie, John Buchanan, & Sebastian Rosenburg. Mental wealth: Measuring progress towards the wellbeing economy.
    The Mandarin [28th July 2022]: 

  • The impact of Covid-19 on the Mental Wealth of Australia [21st Oct 2020]. Jo-An Occhipinti (nee Atkinson) speaks at The National Press Club of Australia:

  • Jo-An Occhipinti. Measuring what matters: embracing Mental Wealth as an overarching indicator of national prosperity.
    The Policymaker [02 August 2023]. 

  • John Buchanan. The Sydney Morning Herald. [03 Nov 2025]: 
  • John Buchanan. John Buchanan is quoted on wages, prices and productivity in this opinion piece by Ross Gittins. [09 Jun 2025]: 
    The Sydney Morning Herald. [09 Jun 2025]: 
  • Jo-An Occhipinti & Ian B. Hickie. A challenge for new RBA governor: Unemployment and suicide are directly linked.
    The Sydney Morning Herald [16th Jul 2023]: 

NeuroCentury with Pawel Swieboda. Mental wealth: the glue that holds societies together. In conversation with Jo-An Occhipinti. March 14, 2025:  

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Mental Wealth Initiative Launch Highlights

Our team

Expert Advisory Panel

  • The Hon. Malcolm Turnbull AC - Former Prime Minister of Australia
  • Lucinda Mary Turnbull AO - Businesswoman, Philanthropist, Urbanist
  • Professor Alan Fells AO - Economist, Lawyer, Melbourne Institute of Applied Economic and Social Research
  • The Hon. Dr Craig Emerson - Economist and Former Politician (Australian Labour Party)
  • Professor William Hynes – Senior Economist, Climate Change, World Bank
  • Professor Harris Eyre - Neuroscientist, Head of Brain Capital Alliance, San Francisco

Contact us

Connect

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Brain and Mind Centre

Phone: +61 2 9351 0774
Emailbrainandmind.info@sydney.edu.au

94 Mallett Street, Camperdown NSW 2050

Opening hours: Monday to Friday, 9am to 5pm