For the third year running, eat our dust..
Australia, the only major developed nation to avoid the 2009 worldwide recession, remains at the top of the OECD index even as the mining boom powering economic growth crests and the government forecasts unemployment will rise to 5.75 per cent by June 2014, from 5.5 per cent last month.
“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,” the OECD said.
The average household net-adjusted disposable income was $US28,884 a year, well above the OECD average of $US23,047. "Money, while it cannot buy happiness, is an important means to achieving higher living standards," the OECD noted.
Read more: http://www.smh.com.au/business/austr...#ixzz2UYEJMB20
All that money we give the OECD is paying off
Australia, the only major developed nation to avoid the 2009 worldwide recession, remains at the top of the OECD index even as the mining boom powering economic growth crests and the government forecasts unemployment will rise to 5.75 per cent by June 2014, from 5.5 per cent last month.
“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,” the OECD said.
The average household net-adjusted disposable income was $US28,884 a year, well above the OECD average of $US23,047. "Money, while it cannot buy happiness, is an important means to achieving higher living standards," the OECD noted.
Read more: http://www.smh.com.au/business/austr...#ixzz2UYEJMB20
All that money we give the OECD is paying off

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