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The Guardian reports that Australians are experiencing sharply rising dissatisfaction with life, driven by worsening financial stress, housing insecurity, and declining trust in institutions.
Life dissatisfaction has doubled in Australia over the past decade, according to new wellbeing data analysed in the article.
The proportion of Australians experiencing “wellbeing poverty” is at its highest level on record, even if they aren’t income-poor.
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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.
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