Australians are getting more educated, staying home longer and still pretty happy with their partners.

But the cost of living is squeezing households harder than ever, according to the latest Household, Income and Labour Dynamics in Australia (HILDA) report.

The annual survey, released on Thursday, is the largest longitudinal study of its kind in the country, tracking around 17,000 people across 9,000 households every year since 2001. This year's edition draws on data through to 2024 and covers everything from income and employment to relationships and mental health.

Read the full story at SBS News - Australia.