Aussies more unhappy now than during COVID-19 lockdowns
A new study by KPMG indicates that Australians are currently less satisfied with their lives than they were during the 2020 COVID-19 lockdowns. The decline is attributed to sustained financial pressure, rising interest rates, and housing affordability issues.
Why it matters
This highlights a significant shift in public sentiment, suggesting that economic instability is having a more profound impact on well-being than pandemic-era restrictions.
Updated June 8, 2026 - 11.10pm . First published at 10.36pm
The article cites specific economic data and expert analysis from a consulting firm to explain the trend.
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