This report presents findings from Report 33.0 of the Australian Unity Wellbeing Index (AUWI), an annual measure of Australians’ perception and satisfaction with their life in Australia. The Index was developed in 2001 through partnership between Australian Centre on Quality of Life (Deakin University) and Australian Unity. The report is organised in three parts. The first concerns the subjective wellbeing (SWB) of a geographically representative national sample of 1000 adults, interviewed as part of the 2016 AUWI survey. This examines the relationships between SWB and national wellbeing, general feelings of contentment, happiness and alertness, and satisfaction with support from family and friends. The second compares the SWB of people living in each of the five Labour and five Coalition held Marginal Federal Electoral Divisions in the weeks prior to the 2016 Australian Federal Elections. The third studies the SWB of people living in Australia’s 150 Federal Electoral Divisions, using information from 24,022 people surveyed between 2006 and 2016. A surprising finding is the numerically (but not statistically) highest average SWB since the surveys began. Other findings are higher SWB in rural, compared to metropolitan, electoral divisions, and that the ten most politically marginal electoral divisions have a level of SWB at the bottom of the normal range.