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This paper examines the relationships between satisfaction with life in general, particular domains of life, the partner, and parental relationships with existing children, and subsequent fertility. The data are from 2,948 women and 2,622 men aged 15 to 44 years from a longitudinal survey of the household population in Australia. For both sexes a strong positive relationship between prior satisfaction with life and fertility two years later is found. Men's satisfaction with their partner and with their partner's relationship with existing children are positively related to fertility. Fertility is also related to age, parity, marital status, education, employment and birthplace.