How much does it really cost to raise a child? An expert does the maths
- Written by Ben Phillips, Associate Professor, POLIS@ANU Centre for Social Policy Research, Australian National University
Australians are having fewer children than ever. At 1.5 babies per woman, the fertility rate is at a record low. Many attribute this to the cost of having and raising children.
If this is true, it raises questions of intergenerational fairness and future planning for governments. What do we do about the young would-be parents who are opting out...
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