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The Foundation for Young Australians (FYA) has released an eye-opening new report entitled Renewing Australia’s Promise, which examines some of the emerging challenges facing young Australians.
According to the report, the next generation is facing a worse future than their parents due to a range of barriers, including unaffordable housing, high youth unemployment, an education system that is falling behind (and becoming more expensive), and increasing debt levels.
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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.
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