young australians

CommBank described a “generational spending gap” between younger and older Australians’ buying and saving habits.

Social media platforms will be responsible for implementing the minimum age requirement under the Government’s proposal.

Over 30% of young Australians aged 20 to 29 had been underpaid superannuation in the 2021/22 financial year.

A joint study by the University of Melbourne and the University of Queensland surveyed over 4,700 people aged 18-35.

The finding was included in the latest Household, Income and Labour Dynamics in Australia (HILDA) report, released this week.