New data has revealed the growth of Australia's "misery index" is almost as high as it was during the global financial crisis, due to climbing inflation and interest rates.
During 2022, the index jumped by almost 220 per cent, compared to a 62 per cent increase in the 12 months to the start of the GFC in 2007-2008.
The index has tracked inflation, interest rates and unemployment in Australia since 1960s.
