"And living in Australia I am relatively well off"

Peter Garrett is an Australian artist and political leader who is expressing his thankfulness for his existing circumstance. He is acknowledging that he is lucky to be residing in Australia, a country that is thought about to be relatively well off. This might be in contrast to other nations that are less fortunate and have fewer resources. He is expressing his appreciation for the chances and privileges that include living in Australia. He is also recognizing that he is personally well off, likely due to his effective profession and the monetary stability that features it. This quote is a suggestion to be happy for the blessings we have and to acknowledge the privileges that feature living in a country like Australia.