The Increasing Financial Dependency of Young People on their Parents Schneider, Judy en_US 2021-11-25T12:34:28Z 2021-11-25T12:34:28Z 1999 en_US
dc.description.abstract It is commonly mentioned in the youth policy literature that the financial dependency of young people on their parents is increasing and that this is likely to have an adverse effect on the well-being of young people, their families and the community in general. Possible consequences include lower living standards for young people and their families, family conflict, homelessness, crime and political cynicism. Reasons for the increase in young peoples’ dependency include reductions in the availability of full-time work, greater participation in school and tertiary education and changes to government income support. To date, however, evaluation of the extent to which financial dependency has increased, for whom and when has been fragmented and limited by the data used. This paper aims to address this deficit by measuring the increase in financial dependency of young people in Australia using available published information from 1943 onwards and confidentialised unit record file information from the Income Distribution Surveys conducted by the Australian Bureau of Statistics between 1982 and 1996. The main findings are that dependency has increased substantially since the late 1960s and changes over the last 14 years have been particularly great for young people aged 15 to 20 years. Changes for this group are largely the result of increased participation in education and lower employee incomes. Further changes may occur as a consequence of changes to remuneration for young people which is currently under review by Australian Industrial Relations Commission. en_US
dc.identifier.isbn 0733405541 en_US
dc.identifier.issn 1447-8978 en_US
dc.language English
dc.language.iso EN en_US
dc.publisher Social Policy Research Centre, UNSW en_US
dc.relation.ispartofseries SPRC Discussion Paper en_US
dc.rights CC BY-NC-ND 3.0 en_US
dc.rights.uri en_US
dc.source Legacy MARC en_US
dc.title The Increasing Financial Dependency of Young People on their Parents en_US
dc.type Working Paper en
dcterms.accessRights open access
dspace.entity.type Publication en_US
unsw.identifier.doi Sydney en_US
unsw.relation.faculty Arts Design & Architecture
unsw.relation.ispartofworkingpapernumber 96 en_US
unsw.relation.originalPublicationAffiliation Schneider, Judy, Social Policy Research Centre, Faculty of Arts & Social Sciences, UNSW en_US Social Policy Research Centre *
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