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If You’re Happy and You Know It.

May 24, 2012

Consumers have stopped shopping, businesses are laying off staff and house prices are in the doldrums.

But a new international study has found Australia is the best country in the world.

The Organisation for Economic Co-operation and Development, in its annual Your Better Life Index, says that – on everything from average life span to overall happiness – nowhere is better than Australia.

The index tries to measure more than economic growth in determining how a country is performing.

Across 36 nations it pulls together indicators such as average working hours, air pollution, homicide rates and even voter turnout.

Australia ranked near or at the top of almost every one of the 11 overall measures, edging out Norway and the US for the number one spot.

Australians live longer than people elsewhere (an average life span of 82 compared with 80) and our children do better on international standardised tests than those in most other nations, while 92 per cent of Australians are happy with the quality of the water they drink.

There is less air pollution than in most other countries and 97 per cent of Australians say they know someone they could turn to in a time of need.

Almost 85 per cent of Australians ranked their own health as good compared with an OECD average of 70 per cent.

About 72 per cent of Australians aged between 15 and 64 are in paid work compared with an OECD average of 66 per cent.

One key measure the OECD uses is whether people are satisfied with their life.

This requires people to judge whether they have more positive experiences in an average day, such as feelings of pride or accomplishment, compared with negative experiences, such as pain or boredom, in an average day.

The OECD average was 72 per cent of people saying they were satisfied.

The rate was 74 per cent in Australia.

 

 

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10 Comments leave one →
  1. May 24, 2012 10:39 am

    The OECD are wrong. This country is fucked.

    Tony Abbott tells me so.

  2. TB Queensland permalink
    May 24, 2012 11:14 am

    Anyone who thinks Australia is not really, “The Lucky Country”, has never LIVED overseas …

    And if they think it isn’t, they should fk off and find out … tomorrow …

  3. JAWS permalink
    May 24, 2012 11:22 am

    Well it looks like the Socialists in Greece are going to keep playing what is essentially a game of chicken with Germany.

    Sort of akin to the Greek Army mounting a cavalry charge atop donkeys and flinging themselves at a German Panzer Division.

    Surely it can only end up one way

  4. May 24, 2012 11:24 am

    I was in New Zealand for 7 days, and the situation there is totally fked.

    Once busy townships (such as Takapuna, on Auckland’s North Shore) are now practically ghost towns. For Lease signs everywhere and no one shopping…

    No one has any money and those that do aren’t spending it…

    Council Rates for small businesses in some areas are about to increase by 88% – a move which will see many of them who are already struggling go to the wall…

    http://tvnz.co.nz/national-news/aucklanders-face-big-increases-in-rates-4896030

    I think it was TB who said that Australia’s next boom will be in global food production and I reckon he’s on the money with that prediction…

  5. JAWS permalink
    May 24, 2012 11:34 am

    “I think it was TB who said that Australia’s next boom will be in global food production…”

    I believe that was moi !

  6. May 24, 2012 11:35 am

    Oh, sorry about that Jaws, I think you might be right…

    It’s just that you and TB are just so similar, I often get you two confused…*


    *humour alert

  7. JAWS permalink
    May 24, 2012 11:36 am

    That’s why companies like Graincorp, Australian Agricultural, Bega Cheese are going to become very major targets to the Chinese sooner rather than later.

  8. JAWS permalink
    May 24, 2012 11:37 am

    “…….I often get you two confused…”

    LOL

    How is that possible……..?

    I prefer cardigans to Safari Suits

  9. TB Queensland permalink
    May 24, 2012 12:51 pm

    … and I’m white socks and sandals …

    I think the food bowl discussion was a few months ago re China buying up big here and we did actually AGREE!

  10. el gordo permalink
    May 24, 2012 5:22 pm

    Chinese investment in Australia ‘accounts for one per cent of the total foreign investment in Australia according to the Australian Bureau of Statistics (ABS).’

    ‘Speaking at the 2012 Crop Updates, Australia China Business Council WA (ACBC WA) president Duncan Calder said ABS data had shown that at the end of 2010, Chinese investment in Australia totalled $19.5 billion.’

    A lot less than the 28 percent owned by US investors or 24 percent invested by the UK.

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