Clementine Van Der Kwast is a 33-year-old academic earning an above-average income. She thought she’d would be more financially secure by now.
“I would love to have a child, but I don’t think I could do it as one person with the costs of childcare and everything … which is quite sad,” she says.
Clementine doesn’t think she’s alone in feeling like everything is on hold.
“The Australian dream is over. I think that’s symbolic of a past time. I don’t think the world’s been like that since 2001.”
To understand why 30-somethings like Clementine are feeling like they’re in a losing financial race, the ABC took a look at the data.
An analysis of five factors — housing, healthcare, debt, tax, and income — reveals the age group is caught in a perfect economic storm.
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