29 Aug Are we becoming less happy?
Why our happiness is taking a dive
BY MICHAEL RUFFLES
For the first time in seven years men are feeling better than women, but overall happiness is taking a dive as inflation hits the hip pocket, research shows.
The Australian Unity Wellbeing Index has issued preliminary findings from its latest survey, showing that cost of living pressure is having more impact on women.
Australia’s overall wellbeing level is 74.8 on a scale of 100, close to the historical average of 75 but down 1 percentage point since the previous survey.
The report’s author, Deakin University’s Professor Bob Cummins, said new research had shown a strong link between the consumer price index and happiness, with women feeling the pressure as a household’s main spender. He said if inflation remained high, ”happiness will go down for sure”.
To read more about our happiness here in Australia – click here