New CYPEP research reveals young Australians are struggling financially

Press/Media: Expert Comment

Description

“A quarter of young people told us they are struggling with debt, and this was before recent inflationary pressures and rises in the cost of living. Our report shows this is has serious effect on their mental health. Saving, going into debt, and having financial difficulties don’t happen in isolation but are linked to family, housing, work and wellbeing,” says Prof Walsh. 

Period3 Dec 2022

Media contributions

1

Media contributions

  • TitleNew CYPEP research reveals young Australians are struggling financially
    Degree of recognitionInternational
    Media name/outletBusyContinent
    Media typeWeb
    Country/TerritoryAustralia
    Date3/12/22
    Description“A quarter of young people told us they are struggling with debt, and this was before recent inflationary pressures and rises in the cost of living. Our report shows this is has serious effect on their mental health. Saving, going into debt, and having financial difficulties don’t happen in isolation but are linked to family, housing, work and wellbeing,” says Prof Walsh.
    URLhttps://busycontinent.com/young-aussies-are-struggling-financially/
    PersonsLucas Walsh, Beatriz Gallo Cordoba, Blake Cutler
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Keywords

  • young people
  • finances
  • financial security
  • BPNL
  • CYPEP

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