Young Australians Staggered from Cost-of-Living Crisis By James Reed

Research by the Finder organisation has uncovered that the group that has been the hardest hit by the cost-of-living crisis has been young people, aged 18 to 26 years. At least 77 percent of this demographic are facing financial difficulties, which have been compounded by the mass-immigration fuelled accommodation crisis. However, about 59 per cent of Australians, around 11.9 million people are experiencing financial stress.

Clearly, there are more than enough people here to begin a political revolt against the Albo government. However, the Opposition leader is simply too weak and lacking in drive to do this. Senator Price would make a far better leader! But realistically, I think One Nation needs to lead the change here, with Malcolm Roberts taking pride of place, being so articulate. Times for mass rallies and marches upon parliament to dwarf the Covid mandate protests. "Ho, ho, the Albo government must Go! When do we want it? Now!"Leftists should not dominate protests; we have plenty to complain about!

https://www.9news.com.au/national/finder-young-australians-under-immense-financial-pressure-new-study-reveals/3690acf2-2ba3-4e66-8584-c1f8e6be7073?fbclid=IwAR0ZlMOrSbOiY66MWgblCV1BosG9IgQyDpGp9sVlk0lvhtltlX7z-H1coCs

"Younger Australians have been the hardest hit by the cost-of-living crunch, a new survey has revealed.

Research by Finder measuring cost-of-living impacts found at least 77 per cent of Australia's Generation Z were facing money worries.

It was found that adults aged 18 to 26-years-old were the biggest demographic to pull back on spending due to economic stress, compared to any other age group in the country.

More broadly, about 59 per cent of Australians have been revealed to be experiencing financial stress, that's equivalent to 11.9 million people.

It's significantly worse for women, with 69 per cent admitting they have been feeling the pinch, compared to just 49 per cent of men.

Finder money expert Rebecca Pike said households across the country were hurting.

"Millions have found themselves in financial difficulty with many people struggling to pay their bills," she said.

"Financial strain can take a devastating toll on your mental health and can impact all areas of your life from your health and relationships to lifestyle."

The data revealed that Gen Z was the least happy with 66 per cent claiming they are enjoying life less due to financial pressures compared to a year ago.

About 59 per cent of women feel this way. " 

 

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Monday, 29 April 2024

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