First place for Australia in OECD’s Better Life survey rankings

A newly released survey by the Organisation for Economic Cooperation and Development (OECD) ranks Australia first in it’s annual ‘Better Life’ index.

34 member nations are surveyed on 11 topics: housing, income, jobs, community, education, environment, governance, health, life satisfaction, safety and work-life balance.

While the survey does not name a nation as highest ranked, if all fields were given equal weight Australia would emerge on top.

Australians gave their life satisfaction a score of 7.4 out of 10, above the average of 6.7 among the nations surveyed.

Australians still have faith in the nation’s governance, with the survey finding 74 percent trust their political institutions.

In its latest economic outlook the OECD forecast Australian growth of 3.1 per cent in 2012 and 3.7 per cent in 2013, after a 2.2 per cent expansion in 2011.

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