Overall it's safe and stable.

There is always the threat of China, our resources, low population and political opposition to them make us a target. But that shows itself as cyber attacks and trade wars.

Politically we are very stable, we don't have any real threat of riots or unrest at all, a few lefty protests and tiny, but loud, groups of neo-nazis. 

Economically we are on a bad place, inflation is still high, 33% of Australians are skipping meals, 25% of South Australians, where I live, have reported their household has run out of food and they don't have the money to buy more.
Crime and homelessness is certainly up, stabbings, home invasions, arson, car jacking, which we don't see a lot of usually are increasing.