4 September 2013 - The OECD (Organisation for Economic Co-operation and Development) has ranked Australia as the Worlds Happiest Nation for the 3rd year in a row.
The Better Life Index is compiled by the OECD with the annual survey ranking more than 30 developed countries on criteria such as health, safety, housing and income levels.
According to the OECD “Australia performs exceptionally well in measures of well-being, as shown by the fact that it ranks among the top countries in a large number of topics in the Better Life Index”.
Life expectancy in Australia is higher at birth at almost 82 years of age.
Furthermore, more than 73% of Australia’s 23 million people aged 15-64 hold a steady paid job which is above the OECD average.
Australia’s economy has posted more than two decades of continued growth and has managed to sidestep the worst of the financial crisis, being the only major developed nation to avoid the global recession in 2009. The country’s economic strength is reflected in the Australian dollar which has currently been trading at 30 year highs.