"The ABS data shows how increasing financial stresses mean people feel less satisfied with their lives now than they were when they could not travel more than 5 kilometres from their homes."
https://www.abc.net.au/news/2026-06-09/happiness-index-shows-we-were-more-satisfied-in-covid-pandemic/106764966

We were happier during the COVID-19 pandemic. The reason is money
Australians felt a greater sense of satisfaction during the COVID-19 pandemic than they do today, according to government data, when households are grappling with the impact of inflation, rising interest rates and a reduction in real wages.





