Aussies In Their 20s Doing It Toughest In Cost Of Living Crisis
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- Опубликовано: 22 май 2024
- A new report has found that Aussies in their 20s are doing it the toughest during the cost of living crisis, but those over 65 have been increasingly opening their wallets.
#CostOfLiving #Inflation #CostOfLivingCrisis
*Dining out and holidays? what are those!? I'm lucky if I can afford to put butter on my toast for dinner at the moment*
They call it “foregoing the luxuries”. Butter on bread: a luxury? Or so they say!
House is for living. If everything you earned goes to accommodation then naturally you have nothing left for discretionary
50% goes to taxes a renter , do you drink & smoke ???
@@coopsnz1 I am not quite sure what you mean.
@@keirenle government steal to much of your money why you poor ! There more than 125 taxes in oz
@@keirenle fuel tax alot " gambling tax alot " luxury cars tax alof.
Many young people (myself included) feel that older generations have consumed a disproportionate share of resources, including affordable housing, job opportunities, and social security benefits. This has left younger generations struggling to achieve financial stability and access the same opportunities.
Yeah the boomers screwed you over so they could go on 3 round the world cruisers a year in their retirement with their ill gained tax benefits, that should have gone towards supporting the generations below them. I have nothing but contempt for them.
Don't forget to blame your younger peers who also waste a lot of money don't explain the old generation!!
also don't forget to blame your younger peers who support over 10,000 migrants/immigrants/refugees per week coming to AUSTRALIA thus competing for housing and said resources you referenced.
Aussies of ALL ages are doing it tough. It isn't just younger.
It's not just young people it's us that are in our 40s too. Most of us are divorced female with kids. We are middle income and struggling as well. Don't forget other cohorts that are also struggling
And don't forget these illegal immigrants who get things for free..
I remember in 1990 living on pasta, butter and mixed herbs...it was hard back then needed to live in share accommodation....and still living in share accommodation in 2024...blame the government not inflation....
The baby boomers were the first generation to care more about themselves than their children (this is why they started the trend of below replacement birth rates). This led to a culture of where the old sacrifice the young for their own benefit and millennials and Gen Z have continued the destructive trend. When the old outnumber the young as a cause of their self-centeredness it's an inevitable consequence that the scale keeps getting tipped in the elderly's favour.
This should be extended to 30s. We're doing it tough too
40s and 50s anyone not rich has been made poor
Not everyone is struggling I'm sure not & i don't work & i own my home outright at 32..
@MrRoadTrain and you are the only people labor care about. The filthy rich. What are you hoping for a pat on the back by the 200,000 homeless and the millions on the edge, who have been crushed by these people?
@@morganoox3838 exactly.
It’s a spending and lack of wanting to work hard crisis.
And they will still keep voting labor.
As though the issue isn't what the LNP had done for the decade leading up to the last election...
Liberal stooge.
HA! You should see what it's like in the UK after 14 years of Tories and no regulated banks!!
Tories centre left not conservatives @@SevenEllen
The question is why is the. economy crook and how to fix it.
Not every OLD person owes their own home! I lost my house because of Domestic Violence. Since then I'm always one step away from being homeless.
As long as banks make money that’s all that matters
Banks need to make money
Imagine if the government didn't charge us gst for food, sanitary products and services we need to live.
Imagine we just payed that bit less tax and then we might be not in such a cost of living crisis.
I get that we need government services but the amount of taxes and excises we have to support government spending is out of control.
duties ' gst ' excise taxes , there excise on cosmetics in australia
Watching from Wales, this is first time I've seen comments allowed on cost of living news article this evening ...is there a freedom of speech issue in Australian media?
yep, censorship overload coming hard and fast.
Finding work is tough
Eventually you will have a large portion of the population in 10-20 years who are left behind... but keep saying they are lazy and eat too many avocados.
If we shift away from wages/salary becoming the mechanism for tax evasion and instead tax consumption it would stop house flipping and base erosion of the budget and focus on superannuation and house equity via policy reform in legislation. Reviewing who gets private health insurance over a certain age is urgent as people live to 100+.
Well there is one Malaysian lady shared a video that only 50 AUD per week groceries per person, wow how could that be
Of course people in their 20s are doing it toughest;
The fact is if you on jobseeker or even DSP, mutual obligations apply until you are 35 or older.
I hated being in my 20s it was the worst time of my life.
Mutual obligation goes years beyond that unfortunately.
@@netsurfer44 Not on DSP, but on Jobseeker yes.
Jobseeker was terrible payment to be on. Especially after the private companies took over
Your not getting higher interest rates on your savings from the banks!
The invested money is actualy depreciating with inflation
shares are down 2 yrs im a millennial shareholder
Nothing is a perfect circle. Ps, there are two type of policy. Fiscal and Monetary.....
Live though war lost relatives and recession with interest rates from keeping so high makes to daybook low
Thats not fair
As a boomer, stops spending big rich boomers pls help by not.
A decade of gloom ahead ... Get use to it ...
NO CHINESE MONEY TO HELP YOU THIS RECESSION, SO VERY SORRY
You need to blame mass immigration.
its fine, let the young eat cake.
Enjoy 😂😂😂