The federal government has announced a $47-million boost to mental health funding as the issue continues to grip the nation.

Youth mental health organisation Headspace will receive the bulk of the funding to help run its 107 support centres across the country.

An estimated 560,000 Australian children and adolescents have a mental illness and one in four young Australians aged 16 to 24 experience mental illness in any given year.

And that number is on the rise.

Health Minister Greg Hunt joins Steve Price to discuss the situation and the significant increase in funding.

Click PLAY below for the full interview

Former AFL player Wayne Schwass has publicly revealed his own battle with depression

He played 282 games for the Sydney Swans and North Melbourne and tells Steve Price he’s committed to using his platform to help the community.

“It’s pretty important as it affects an enormous amount of people.”

Click PLAY below to hear the full chat