Obesity is a problem that the Federal Government can no longer afford to ignore. According to the Australian Medical Association the rise in childhood obesity may, for the first time in Australian history, result in a decline in the life expectancy of newborns. Access Economics estimates the financial costs of obesity in 2008 at $8.2 billion. The report calculates the net cost of lost wellbeing (including the dollar value of the burden of disease on individuals) as a result of conditions associated with obesity like diabetes, heart disease and various types of cancer, as well as lost productivity, adds up to a total financial burden of $58 billion a year.
Read Senator Brown's Senate speech on childhood obesity and junkfood.