As cost-of-living bites, Australian sare delaying having children or reconsidering the traditional family unit altogether.
A new survey of two thousand Australians by AMP has found more than half of respondents in their 20s intend to have fewer children because of cost-of-living pressures. So as many reconsider parenthood, experts say it will have implications for the nation's future.
In this episode:
AMP survey shows two-thirds of Australians in their 20s want a home before children
Housing, inflation driving delay in procreation and half of survey respondents considering no children due to costs
ABS: fertility hit low of 1.5 babies/ woman in 2024
Economists warn over declining fertility rate and broader socioeconomic impacts
Advocates call for reforms to policy to make family life easier while maintaining careers
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