New research claims racial discrimination costs the economy $44.9 billion a year

According to new research, racial discrimination is costing the tax-payer almost $45 billion a year.

The research was pulled together by Deakin University economist Amanuel Elias for his PHD. 

Australian Human Right Commission and Vic Health have part funded the research.

Neil Mitchell spoke with Professor Yin Paradies, Amanuel’s PHD supervisor.

He says – ‘These costs are derived from mental health outcomes.’

Neil Mitchell questioned the research and mentioned a statement by the Institution of Public Affairs – ‘What you’ve got here is a political agenda masquerading as academic research.’ 

in response to that, Professor Paradies says – ‘This is the research we do.’

Click PLAY to listen to Neil speak with Professor Yin Paradies