Breaking study uncovers Australians' peak misery age
Life Satisfaction in Australia Reaches a Low Point A recent report from the Bankwest Curtin Economics Centre highlights a concerning trend: life satisfaction among Australians is at its lowest between the ages of 40 and 44. This decline is particularly pronounced among women, who face increasing challenges due to unpaid care and housework that significantly impact their wellbeing. The report warns that middle-aged Australians are at the highest risk of burnout. They are caught between work pressures, family responsibilities, and rising financial strain. According to Dr Daniel Kiely, the lead author, women in their 40s and 50s bear a disproportionate burden. They spend approximately 12 more hours per week on unpaid care and household tasks compared to men, and they experience 13% more time-stress. By the age of 48, one in ten women is caring for both children and aging parents, a rate that is double that of men. Many are part of the "sandwich generation," balancing the need...