The Age
·general
·6 hours ago
OK Millennial: This is why young Australians will prosper like their parents
Research by the e61 Institute reveals that young Australians may ultimately prosper like their parents, despite facing economic challenges in their 30s. The study indicates that inheritances will significantly influence inequality, with median household wealth remaining stagnant at $380,000. The upcoming federal budget aims to address intergenerational equity amidst concerns surrounding tax and housing policies.
Summary by Glance · The Age
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