Young Australians report ‘bleaker outlook’ on work, money, new research finds

The financial and sociocultural aftershocks of the global Covid pandemic are still having a negative impact on young Australians, with one youth academic describing it as an unsettling “lag effect”.

Monash University’s 2022 Australian Youth Barometer released this week found people aged 18 to 24 had “bleaker outlooks” on their futures compared with older generations. Fifty-three per cent of the 505 survey participants said they believed they would be more financially worse off than their parents.