2023 Publications Performance
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Monash Research Outputs: 67
Mean Field Weighted Citation Impact (FWCI): 1.97
3 Year Rolling Mean FWCI: 1.97
Cost of Living and Consumer Deviance Spotlight Report
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The Australian Consumer and Retail Studies group at Monash Business School released its latest Cost of Living and Consumer Deviance Spotlight report, providing new insights on consumer behavior in response to the cost-of-living crisis, including changes in spending habits and the justification of deviant behaviors like retail theft.
The report found many Australians were offsetting increases to non-discretionary spending (e.g., housing, essential groceries, insurance) with decreases in discretionary spending (e.g., restaurant and takeaway meals, clothing, footwear and accessories) to meet the current costs of living. The findings also found consumers were pessimistic about their current and future personal finances, as well as expectations of future business conditions.
Further Relevant SDGs:
2023 Australian Youth Barometer
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The 2023 Australian Youth Barometer, an annual survey of young Australians, revealed significant concerns about affordable housing, employment opportunities, and the adequacy of education in preparing them for the future. The survey, which is led by researchers in the Faculty of Education, highlighted the interconnectedness of housing, job security, and mental health among youth.
Further relevant SDGs:
Unit Statistics and Highlights
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In 2023, Monash offered 48 units directly related to SDG1 with 4532 total enrolments.
The units highlighted below are a small sample of the units at Monash relating to ending poverty:
2023 Tony Palmer Award Winner
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Monash Bachelor of Marketing and Bachelor of Business student Hannah Scholes was named recipient of the 2023 Tony Palmer Award for Marketing for using her marketing skills to support social enterprises and non-profits during internships as part of her studies. Ms Scholes served an internship with a Rwandan social enterprise, helping them strengthen their social impact and support for poor farmers by developing a marketing strategy for their new offering.
Further relevant SDGs:
Federal Budget 2023-24
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Following the release of the 2023-24 Australian federal budget in May 2023, Faculty of Arts researcher Dr Remy Davison explained in Monash Lens how tax cuts and similar measures announced by the Federal Government were intended to provide cost of living relief and support for low income and vulnerable groups. Dr Davison maintained that housing and rental unaffordability remained “the great intergenerational challenge of our age”.
Further relevant SDGs:
Microfinance: Promising Future or Debt Trap for Women?
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PhD student Nedha De Silva and Dr Samanthi Gunawardana from the Faculty of Arts co-authored an article for 360.info explaining the severe impacts that microfinance lending industry had had on many women in post-war Sri Lanka and Cambodia, contributing to debt traps, violence, and economic insecurity. The authors challenged the effectiveness of microfinance as a poverty alleviation tool and suggested alternative community-based financial solutions.
Further relevant SDGs:
Support for Students from Disadvantaged Backgrounds
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The Access, Inclusion and Success (AIS) team leads Monash University’s strategy for improving the access, participation and transition to careers for students from low socio-economic status (SES) backgrounds and regional and remote communities. Activities facilitated by the AIS team in 2023 included outreach and mentoring for secondary students, scholarships and academic co-curricular programs for our current students and alumni mentoring to strengthen graduate outcomes.
In 2023, 10.7 per cent of commencing domestic undergraduate students came from the lowest SES quartile.
Further relevant SDGs:
The Monash Guarantee
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The Monash Guarantee establishes a lower entry threshold for students from disadvantaged and lower socioeconomic status (SES) backgrounds and a guaranteed place for those who meet the threshold. In 2023, more than 4000 offers were made to eligible applicants, which was approximately one-third of all offers made. Students admitted via the Monash Guarantee achieve a comparable level of academic success to non-Guarantee students from a similar ATAR band.
Further relevant SDGs:
Access Monash Mentoring
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Monash students participating in the Access Monash Mentoring program delivered intensive one-on-one mentoring to Year 11 and 12 students from low socio-economic status backgrounds aspiring to attend university. In 2023, Monash student mentors paired with 500 Year 11 and 12 students from partner schools to support them in their transition to higher education.
Further relevant SDGs:
