WELLINGTON, Dec. 4 (Xinhua) -- The New Zealand Treasury released its Living Standards Framework (LSF) Dashboard on Tuesday to help shape policy advice, said Finance Minister Grant Robertson.

The dashboard contains data measures across 12 areas, such as health, housing, safety, and social connections that reflect the four key components of the LSF that determine inter-generational wellbeing including natural, human, social, financial and physical aspects.

"In doing this, we are making sure that we don't just look at New Zealand's financial health, but also at the wellbeing of our people, the health of our environment, and the strength of our communities," Robertson said in a statement.

This tool will be used alongside other measures to support the coalition government's Wellbeing Budget that will be released in 2019, Robertson said, adding the data in the LSF Dashboard shows the current and future wellbeing of New Zealanders broken by ethnicity, age, gender, region, family time and deprivation area over time.

Next year's Budget will be a significant change from previous ones, the minister said, adding the Wellbeing Budget will demonstrate that the government is committed to building an economy that is more productive, sustainable and inclusive.