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Home News

Suicide deaths will increase without prevention: KPMG

Suicide deaths in Australia are on track to grow up to 40 per cent throughout the next decade without better prevention and earlier intervention.

by Staff Writer
September 10, 2019
in News
Reading Time: 3 mins read
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The Turning Points: Imagine a World Without Suicide paper, commissioned by Suicide Prevention Australia and developed by KPMG, predicts 1,300 more deaths by suicide per year will occur by 2030 if the worsening rates of the last decade (2010s) continue.

Suicide Prevention Australia CEO Nieves Murray stated that the findings were a “major wake-up call” and the challenge was to now look at suicide prevention beyond a health response – or risk losing more lives in the future.

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“Australia has a world-class safety net of mental health and suicide prevention services ready and waiting to help,” Ms Murray said.

“The challenge for this decade is preventing the next wave of stressors – whether they be financial, personal or environmental – transforming into a threat to suicide rates in the first place.

“The better we can proactively predict what economic and social risks are around the corner, the better we can prepare Australians ahead of time and prevent suicide rates increasing.

“The time to take action is now – Australia cannot afford another decade of increasing suicide rates.”

As of 2017, Australia’s suicide rates stand at 12.7 per 100,000 deaths – 3,128 deaths per year – the same level as 50 years ago.

The Turning Points paper, released this World Suicide Prevention Day (10 September), found that if the worsening rates of suicide of the last decade continue, the number of lives lost will grow significantly over the next decade.

“We are predicting that the federal government’s $15 million investment in improved and co-ordinated data collection and retrieval will reveal a higher official suicide rate than currently recorded,” Ms Murray said.

“The cost of suicide in Australia is stark and continues to rise.”

Importantly, the report noted that people do not need to be experiencing mental illness to be suicidal.

“An immediate priority for the suicide prevention sector is to investigate and understand how to best support vulnerable people before reaching crisis point,” the report noted.

KPMG director and national mental health lead Andrew Dempster said we need to broaden our view of what we consider to be risk factors to make sure suicide rates do not continue to grow.

“This means looking beyond the standard markers that would suggest someone is at risk. Emerging stressors such as rising household debt, increased social isolation and loneliness and the casualisation of the workforce are key areas that must be considered in relation to a person’s mental wellbeing.

“What’s missing in the current suicide prevention framework are services for people well before a suicide attempt. There is evidence to suggest focus on support services in social environments, communities and workplaces needs to be greater and would play a significant role in helping people.”

The findings come as a recent YouGov polling commissioned by Suicide Prevention Australia discovered over 10 million Australian adults were estimated to know someone who has died by suicide – while one in two young people (aged 18-24) were impacted by the time they turn 25.

The poll also found Australians were most concerned about issues such as cost of living and personal debt (62 per cent) and economic and job security (52 per cent) as key drivers of suicide heading into the next decade, and considered young people (12-24) and middle-aged Australians (25-55) most at risk.

Ms Murray commended the Morrison government on listening to Suicide Prevention Australia’s calls for the appointment of a national suicide prevention adviser within Prime Minister and cabinet.

Ms Murray said the next critical step to delivering a whole-of-government approach to suicide prevention in Australia is the broadening of the National Suicide Prevention Plan beyond the health portfolio in order to build community resilience against future suicide risks.

To get help 24/7, phone Lifeline on 13 11 14 or the Suicide Call Back Service on 1300 659 467. If you or someone you know are in immediate danger, phone 000 for emergency services.

Tags: Breaking

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Comments 9

  1. Gen XY planner says:
    6 years ago

    Blood on your hands regulators

    Reply
  2. anonymous says:
    6 years ago

    [quote=Mr g]16 suicides of financial planners to date. Whats your target asic?

    target is 25,000 = the number on the FAR

    target date – 1 January 2026

    Reply
  3. Mr g says:
    6 years ago

    Hi shocked. It was in an ifa article below and also quoted at my licensees pd day this week.
    https://www-ifa-com-au.cdn.ampproject.org/v/s/www.ifa.com.au/news/27030-suicide-and-broken-families-the-true-cost-of-advice-reform/amp?amp_js_v=a2&amp_gsa=1&usqp=mq331AQEKAFwAQ%3D%3D#aoh=15681762806632&csi=1&referrer=https%3A%2F%2Fwww.google.com&amp_tf=From%20%251%24s&ampshare=https%3A%2F%2Fwww.ifa.com.au%2Fnews%2F27030-suicide-and-broken-families-the-true-cost-of-advice-reform

    Reply
  4. ANON says:
    6 years ago

    [quote=Shocked]Mr G – wow! Do you have any sources for these stats?[/quote][quote=Shocked]Mr G – wow! Do you have any sources for these stats?[/quote]

    https://www.ifa.com.au/news/27030-suicide-and-broken-families-the-true-cost-of-advice-reform

    Reply
  5. Anonymous says:
    6 years ago

    something i shouldn’t have read. A lot of us in depths of concern for ourselves. Ethics is not included in the new pathways and one day they will wake up and see they made worse and ill considered decisions for Australians. ethics now is lip service and prevents you helping those in need….which most wont afford.

    Reply
  6. Shocked says:
    6 years ago

    Mr G – wow! Do you have any sources for these stats?

    Reply
  7. Adam says:
    6 years ago

    ASIC in it’s report on the impact of FoFA regulations clearly in there report stated words to the effect of “they do not care if financial planning businesses failed. Other areas of the advice industry will pick up any gaps” ……so now with Royal Commission recommendations coming out it’s certainly going to be interesting times.

    Reply
  8. Sad says:
    6 years ago

    The pain that is being felt in this industry because of the unrelenting attack on financial planners will only cause more mental health, breakdowns and more importantly, will contribute to the lose of more lives. When will people in the country take notice? This is NOT Australia!

    Reply
  9. Mr g says:
    6 years ago

    16 suicides of financial planners to date. Whats your target asic? Enough is enough.

    Reply

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