It's true. Life really is better Down Under.

At least, that's the conclusion reached by a new report, released this week by the Organization for Economic Cooperation and Development (OECD), that named Canberra, Australia as the city with the highest quality of life in the world.

The report, which the OECD said was designed to provide policymakers with a map of the areas of the world that most need their help, examined a broad range of data -- including health, safety, housing, broadband Internet access, civic engagement, education, jobs, environment and income -- when coming to its conclusions.

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