68% of millennials earn more than their parents, but boomers had it better
- Written by Peter Siminski, Professor of Economics, University of Technology Sydney
fongbeerredhot/ShutterstockA lot of us are pessimistic about our children’s future. According to the most recent data from the Pew Global Attitudes Survey (in 2019), just 29% of Australians believe today’s children will be better off financially than their parents.
Such pessimism is common in many developed nations. In Japan, just 13%...
Read more: 68% of millennials earn more than their parents, but boomers had it better