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Wellbeing at its highest in two years

By Louise Morrin

Levels of wellbeing have improved across the country, as one leading indicator reaches its highest level since the middle of 2013. The NAB Wellbeing Index shows nearly one in four Australians (23.4 per cent) had high amounts of happiness in quarter three, up from 22.7 per cent in the second quarter of the year.

The results show some interesting differences between men and women. Females were found to be more positive about the role of family and personal relationships, while men are more concerned with their finances. 

NAB discovered a rise in women's wellbeing, especially among those in the 18 to 29 age category. This is typically a demographic where low levels of happiness are recorded, but this wasn't the case during the third quarter of this year.

Consumer confidence starts to climb

The ANZ-Roy Morgan Research Consumer Confidence index also shows people are also hopeful about what the future has in store.

In the week to 3 November, there was a 1.6 per cent increase in confidence. There was a 6.7 per cent rise in consumers' attitudes towards their finances compared to 12 months ago. Confidence in their finances over the next 12 months were also up 1.5 per cent week on week.

If people feel they have a better grasp of their personal finances, buying real estate in St George might move up their agendas. The all-time low cash rate could also help this decision.

Helping you get onto the ladder

We're here to lend you a hand with finding real estate in St George. With the market so active at the moment, it pays to have an agent on your side.

Our experts have years of experience on their side and a knowledge of the local area you're unlikely to find anywhere else.

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