Australia's economy keeps growing and our population is at record highs, yet Australians aren't getting any richer, and the reason is hiding inside the national accounts. With the latest data showing GDP per person slipping again, after a record per-capita recession in 2023-24, and cost-of-living pressures still acute, this disconnect between headline statistics and lived reality has rarely been more visible. While "lucky country" and cost-of-living takes are everywhere, this story offers a fresh, structural reframing: the productivity stall is a rich-world-wide phenomenon, and what has kept Australia's headline numbers growing is record migration rather than rising prosperity per person. Through five interactive charts, this article guides readers through the numbers. It opens by unmasking the paradox of rising total GDP versus declining per-person wealth, then decomposes the gap to reveal a seized productivity engine, where we are working more hours but producing barely more per hour. A cross-country comparison shows the stall is shared across advanced economies. The narrative then turns to what sets Australia apart, net overseas migration swamping natural increase before landing on how unevenly the squeeze falls: hardest on working, mortgage-holding households, lightest on retirees. Anchored in rigorous, open data from the ABS (National Accounts, Living Cost Indexes, and Population data) alongside Our World in Data, these visualisations show that headline GDP is the wrong scoreboard. Ultimately, the fix must be productivity, not population. Until that engine restarts, the lucky country is running on a fuller room, not a richer one.