These researchers compared the self-reported subjective wellbeing of Māori and New Zealand Europeans in two NZ national postal samples. The first sample was collected in 2005 before the global financial crisis of 2007/2010. The second was collected in 2009 while the crisis was ongoing. The first sample contained 289 Māori and 2,769 NZ Europeans; numbers in the second sample were 964 and 4,073, respectively. While NZ Europeans’ scores on the Personal Wellbeing Index (PWI) were near-identical across the 2005 and 2009 samples, scores for Māori, which were already lower than NZ Europeans on the PWI in 2005, were further decreased in 2009.