Modern Australian

Australian millennials' incomes have grown more than baby boomers and millennials in other countries

  • Written by Peter Whiteford, Professor, Crawford School of Public Policy, Australian National University
Australian millennials' incomes have grown more than baby boomers and millennials in other countriesThose born between 1941 and 1950, show an increase in average incomes between 1995-96 and 2005-06, and then a decline as they enter retirement.velvettangerine/Flickr, CC BY-NC-ND

Life has changed significantly for young Australians over the last 40 years. Millennials now delay marriage and childbirth, increase their years of study and have much...