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06 August 2015
Australians more satisfied with their lives according to Better life Index
More Australians are content with their lives than the OECD average, according to the Organisation for Economic Cooperation and Development (OECD), Better Life Index.
Australians more satisfied with their lives according to Better life Index
More Australians are content with their lives than the OECD average, according to the Organisation for Economic Cooperation and Development (OECD), Better Life Index.
The Better Life Index is an interactive web-based tool that measures and compares the well-being of people in OECD countries. The Index captures 11 aspects of life that shape the quality of their lives, such as housing, income, jobs and quality of life (through community, education, health, life satisfaction, safety and work-life balance and so on).
Happiness or subjective well-being can be measured through life satisfaction, the presence of positive experiences and feelings, and the absence of negative experiences and feelings. Such measures, while subjective, are a useful when comparing the quality of life across countries.
When asked to rate general satisfaction with life on a scale from 0 to 10,Australians gave a 7.3 with little difference between men and women. Life satisfaction measures focussed on how people evaluate their life as a whole.
The Better Life Index is updated every year and allows individuals to create their own ‘index’ to compare life in different countries.
To see the full report on Australia and see it compare your own country, please visit the OECD Better Life Index
