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🔗 Source: goldsborough.com.au
📊 Size: 1.65 MB
📄 Pages: 30 pages
⬇️ Downloads: 26

Summary

The cost of raising two children in Australia for a typical middle-income family has risen to $812,000, up from $537,000 in 2007 and $448,000 in 2002. Household incomes have only grown 25% since 2007, while the cost of raising children has increased by 50%. The biggest expenses for families are child care and education, with child care costing up to $140 a day and private education costing up to a quarter of a family's income. The report finds that the cost of raising a family has increased significantly, with low-income families spending $474,000 and high-income families spending $1,097,000 to raise two children.

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Description

The cost of raising two children in Australia for a typical middle-income family has risen to $812,000, up from $537,000 in 2007 and $448,000 in 2002.

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  • File Format: PDF
  • File Size: 1.65 MB
  • Pages: 30
  • Language: EN
  • Total Downloads: 26
  • Last Updated: 2 months ago

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