Under a cloud of rising debt, soaring house prices and the struggle to find secure, full-time employment, today’s young Australians are facing a very real possibility that their generation will be the first to be worse off than their parents.
While today’s young people are doing well in some areas, they face several escalating challenges. High youth underemployment, an education system that is struggling to adapt to changing needs and rising housing costs remain among the mounting challenges that present a growing threat to an otherwise exciting future.
This new report serves as an urgent reminder: far more needs to be done to address these challenges, to set up young Australians for a changing future and equip them to take our country forward. To turn the growing risks into opportunities, young people need to be placed at the centre of the national policy discussion.