Australia Faces Baby Boom Decline in 2023 Due to Rising Living Costs 💸

A new study reveals Australia's birth rate has hit its lowest point since the 1970s, with skyrocketing living expenses being a key factor behind the baby recession.

Australia Faces Baby Boom Decline in 2023 Due to Rising Living Costs 💸
ABC NEWS (Australia)
455 views • Jul 24, 2024
Australia Faces Baby Boom Decline in 2023 Due to Rising Living Costs 💸

About this video

Australia is in the midst of a baby recession with a new study indicating the sharpest drop in births since the 1970s when the contraceptive pill was introduced. The research from KPMG found couples are delaying or putting off having children altogether because of rising living costs.

Video Information

Views

455

Duration

1:53

Published

Jul 24, 2024

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