It’s easy to write off young people as immature and ill-equipped to deal with the challenges of adulthood, when you’re bombarded with images of them partying and drinking.

'They're not half bad…

But scratch a little deeper and you soon realise that judging young people by the mostly harmless antics of a few is deeply unfair.

Mission Australia’s 11th annual national Youth Survey – which this year tested the views of 15,000 people aged 15-19 from across the country – found, that in terms of their priorities and values, young Australians most definitely have good heads on their shoulders.

They value family and friends above all else; they’re volunteering more than ever before; and the vast majority are happy with their home life.

But the good news doesn’t mean they’re not also wrestling with a range of issues that shouldn’t cause the rest of us to take stock and consider what we can do to help.

Chief among the survey’s findings this year is the level to which young Australians are concerned about the economy and its impact on them and their loved ones.

When asked to nominate the most important issues facing Australia, the economy and financial matters were nominated most frequently in the top three by 31 per cent of respondents.

In the last two surveys concern around the economy as an issue of national importance has barely rated.

In 2010, only 19.5 per cent of young people considered it a top three national issue. In comparison, 38 per cent nominated the environment as the most pressing issue facing the country.

In last year’s survey, concern around the economy didn’t make the top three.

Now, on the surface, that the economy is easily the most important national issue on the minds of young people might not seem cause for worry.

The international economic meltdown, and closer to home, the raised stakes of the hung Parliament, the fixation on achieving a budget surplus and a constant clash of powerful views around the health of our economy have dominated the national conversation over the past 12 months.

Young people don’t exist in a vacuum – they pick up on what’s happening around them; on what their parents, politicians and media say.

They’re not immune from the anxiety that can be created by constant talk of economic doom and gloom.

But while we can attribute some increase in concern to the climate of discussion over the last 12 months, there’s also no question that young people’s financial worries are based on real experience: a parent out of work, a family struggling to pay the bills, unpaid debts.

This year’s survey picked up a significant number of truly worrying comments from participants, some as young as 15, about their family’s parlous economic circumstances and their need to get a job, or be less of a financial burden, to help keep the household afloat.

It’s a result that doesn’t exactly gel with the frivolous schoolies image.

Here’s just a snapshot of the comments we received:

I think I need to get a better job which pays better so my mum can spend more money on herself and less on me which she deserves.

(F, 15, WA)

I might need to go and find a job to help my mum and dad have some extra money for anything they need.

(F, 15, SA)

Only my dad works full-time. I try and help with the business, earn some money to pay for my costs and some of the bills, while keeping up my academic record.

(M, 18, NSW)

Getting a good job to help the family with money problems and looking after myself.

(F, 18, SA)

Kids as young as 15 shouldn’t be worrying about finding a job to keep their family afloat. They should be concentrating on their studies and living the carefree adolescent life we would want for them.

That many appear to be not is a serious concern.

So what can we do to help alleviate this anxiety?

Given that the international economy shows no sign of significant recovery and our national leaders aren’t about to stop disagreeing on domestic finances it would seem our ability to respond is limited.

Not so.

Firstly, we can work to improve the financial literacy of young people. Research tells us most young people want to learn about saving, about planning for the future.

Mission Australia has experience in working successfully with young people from disadvantaged backgrounds on their financial literacy, lessons that can be rolled out nationally.

We can also do more to support young people to make a successful transition from school to the next stage of their lives, be that further education, training or the workforce.

This can be an extremely challenging time and there’s a strong case for us introducing a mechanism that tracks young people through these years, so if any extra support is needed we can pick that up and provide it. It will stop young people falling through the cracks.

Finally, when youth unemployment is at such high levels, when parents are in tenuous employment or losing their jobs, we need to make sure we’ve got a functioning welfare safety net in place that is able to meet a range of needs.

At the moment, our welfare system is too complex, confusing and inequitable. It’s a mire for most individuals and families that’s all too easy to become lost in.

What we can’t do is ignore the anxieties and concerns of young Australians around their financial situation.

Do any of us want to see a greater number of young people fretting about getting a job to pay the household bills in our next survey in 12 month’s time?

The full results of the 2012 national Youth Survey can be viewed at Mission Australia’s website.

Comments on this post will close at 8pm AEDST.

Most commented


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    • acotrel says:

      05:32am | 05/12/12

      Negativity and widespread depression begin with the leadership in Australia.  Yesterday a reduction in interest rates was handed down by the Reserve Bank.  Immediately Joe Hockey was on TV claiming that it was due to a poor economy, and he was gloating about it. The LNP are a ‘glass half empty’ party at a time when maintaining business confidence is essential.  Are we really expected to believe that the kids don’t pick up on this stuff - they don’t live in a vacuum. Trying to regain the LNP’s birthright is one thing, but don’t LNP politicians ever do anything ‘for the common good’ ?

    • Super D says:

      06:23am | 05/12/12

      Um Aco you may not understand this but interest rates get cut when there are problems to stimulate economic activity and raised when things are going well to slow it down. Ewan certainly shouldn’t be crowing at his success in getting interest rates back to emergency level lows

    • PJ says:

      06:54am | 05/12/12

      Youth unemployment is at 30% in Australia thanks to a Gillard Government that has mass immigration at full throttle through temporary visas.

      Gillard Government Ministers will tell you temporary workers do not take the jobs Australians can do, but the fact is a quick scan of overseas job sites reveals Australian jobs are simultaneously advertised overseas as well as in Australia.;=/jobs/australia/6/

      Many of the jobs are junior level entry, ideal for a young Aussie mind fresh out of Uni with 1 to 2 years work experience. Last week one UK newspaper carried 467 Aussie jobs, 15% of which were junior entry. This week they have 265 jobs all joint advertised between the two countries.

      Since Labor has been in power, From 2007 to 2011 some 967,655 new jobs were created and 56.3% ended up with imported overseas workers in the following areas:
      38% of federal government jobs.
      20% of State government jobs.
      70% of private industry jobs.
      - Cf ABS and Monash Uni.

      The stats above suggest overseas workers know how Australia is Government better than Australians. Ppfft! They suggest the Gillard Government believes Australians are so under skilled that they do not have the requirements to fill 70% of Private Sector jobs? Come on do you believe we are that thick?

      If we are so thick, so dense and so stupid that we cannot fill 38% of our Federal Governments requirements, why has this Government waited 5 years before introducing education reform? Mind you its some national reform contained in only 9, yes only 9 pages. Its just a bunch of blue sky statements really.

      Swan decided to tackle youth employment in 2011 by offering thousands of dollars to companies employing youths. The fast food chains and Supermarkets jumped at this with relish, .... Employing loads .... of temporary visa workers. Swan included this scheme recently in his cost cuts. Ignominious failure.

      Yes I feel sorry for the youth of Australia and the low to medium skilled workers, who find themselves competing Globally for jobs under a Government pursuing the Big Australia.

    • Slothy says:

      07:16am | 05/12/12

      Did you even read that job you posted? 1. It asks for Canberra-based people. 2. It asks that you already hold a baseline security clearance. You know what that (and any other federal government job) requires? Being an Australian Citizen.

      I don’t know about the private sector, but 38% of federal government jobs are not being held by temporary visa holders.

    • acotrel says:

      07:22am | 05/12/12

      @SuperD and PJ
      There a re clearly different interpre tations on the state of our economy.  But there is only one ‘truth’ which must be maintained at all costs - ‘we are doing OK’.
        If I can draw an analogy with motorcycle road racing? - When it is raining, and a lot of the guys are falling off around you.  You have a choice - you can hesitate and crash, or alternatively maintain a false confidence and keep a slight amount of power on, and the bike will respond and handle better and you will probably succeed in staying upright.  The true state of the economy is irrelevant, what really matters is maintaining confidence and a forward looking psychology.

    • Peter says:

      07:32am | 05/12/12

      Interest rates have been lowered to prop up or exacerbate overpriced housing. Savers have been punished, once again, to help out the over indebted and the profligate. Of course neither party, nor the main stream media(and neither the ABC, so much for being well informed lefties, more like a bunch of chardonnay socialist mafia), would admit to this.

      What the youth need to learn is that they have no obligation to fund the parasites in the property market.

    • PJ says:

      07:56am | 05/12/12


      Australia has two economies. One run by China and the Resource Sector investors.

      The other run by the Gillard Government.
      This second tier, lower geared economy is a shambles and features weekly in our media as company closures, job loses and off shoring.

      As long as you allow Swan to take credit for the top gear, China run economy only, you will not see how bad the Gillard Government is for Australia.

      Recently the Gillard Government pocked its nose into the China Resource Investor run economy, introducing carbon, MRRT and Retro taxes.

      - The result was mining in Australia is conservatively 40 percent more expensive that other options.
      - Kloppers of BHP tells us Australian mining is no longer profitable.
      - We lose the Olympic Dam project worth $30 Billion to Australians.
      - Chevron tells us a further $100 Billion projects are under threat due to taxes.
      - Ferguson tells us the Mining boom is over.
      - Swan says Commodity prices have killed the Australian mining boom.

      But in Africa, under the same commodity prices, African Mining grows from -16.8% to + 32 percent during the year Gillard taxes make Australian mining the most expensive.

      Acotrel. What you do not understand is, in pointing out how badly this Government mis-manages things we are not being Negative, BUT POSITIVE, in trying to save the situation.

      With the carbon tax and MRRT gone, we can attract back our customers and rekindle the boom. Before its too late.

    • ZSRenn says:

      08:36am | 05/12/12

      @acotrel He was repeating what business analysts were saying . From Wall Street to CCTV in Beijing they had the same message. The truth that this is the worst government in Australian History must be difficult for you to hear if you see Hockey’s comments as gloating.

    • andrew says:

      09:51am | 05/12/12

      @peter - I’d argue that the youth need to learn they would be better off purchasing a cheap unit, paying it off ASAP, then buying a small house if required and again paying it off ASAP. Paying loads of interest to a bank for 25+ years is just as dumb as paying rent for the rest of your life. I own my unit at age 30 and plan on having a ($280-300K) house paid off by around 35. There are affordable houses if you look outside the capital cities.

    • Ben C says:

      10:39am | 05/12/12

      @ Peter

      I contend that people are expecting too much when it comes to buying a home.

      There are plenty of cheap properties out there, if people would just care to look, show some foresight and map out a plan to get to the house of their dreams in the end. Why does anyone need to buy a McMansion as their first home? Start small and make your way up.

      @ andrew

      Perfectly said, couldn’t agree more.

    • HC says:

      10:42am | 05/12/12


      Speaking from experience, most big corporations do not take on non-Australian residents, can you cite any specific examples of companies that do?  And just out of curiosity what is your source for this 30% youth unemployment figure you’re pulling out of the ether?  And how has this changed since 1994 when youth unemployment sat at 17% for people aged 15 to 24. (source:!OpenDocument)

      I ask because the source I have from the OECD ( says youth unemployment rate in Australia has been as low as 8.8% in 2008 but has averaged just under 11% from 2004 to 2011.

      Significantly lower than you claim, and these are a just a few of your errors.  Maybe the reason young Aussies like yourself are not being hired for junior analyst roles (based on your whinge further down) is because you lack even the most basic analytical skills.

    • Peter says:

      11:25am | 05/12/12


      I content that The Economist magazine/website has just declared Australian property to be 38% overvalued, so if young people can I say they should hold off, as even a cheap unit ain’t cheap at all in most areas of Sydney, and almost all capitals. Unless of course you don’t mind living with the permanent welfare family areas.

      The RBA is trying to get property moving again to replace the short fall in mining that is set to occur next year. As a country we are basically dutch diseased.

    • Pete says:

      12:16pm | 05/12/12

      Australia has the highest standard of living its every had. Kids are merely picking up on the negativity they see around them, and the rampant consumerism that tells them they’re a failure if they don’t own a crappy masstige handbag from Louis Vuiton. The job of adults is to reset their expectations, and remind them they’ve never had it so good. Kids from a generation ago would kill to have the material goods kids these days have - it’s not the kids fault though, it’s the adults projected view of society.

    • andrew says:

      12:16pm | 05/12/12

      I agree Peter that property is overpriced. Generally speaking capital gains are likely to be non existent or negative for at least a decade. The trouble though is that I can’t see prices crashing abruptly, rather just a slow gradual decline of 1-2% a year or so over that decade.  I am looking at buying a house with a view to living there for an extended period of time with my wife and any future children. The reality for me is that once I have paid off that house, it’s true value is not $300K - it’s true value is 1 house and the lifestyle that enables. Should I sell it I would only be turning around and buying another property which will also have moved in price whether up or down.

      Falling property prices are really only a problem for those with a very high LVR (loan - value ratio), should they fall on hard times and have to sell the property or those looking to leave the housing market altogether ( basically the elderly moving into a nursing home / those left property as an inheritence and looking to sell it ).

    • PJ says:

      12:34pm | 05/12/12


      “Speaking from experience, most big corporations do not take on non-Australian residents”

      I speak from experience and I can tell you. Big Corporations DO employ temporary visa holders. There are now foreign and domestic recruitment agencies that use business cases that show employing 457 workers is more economic than employing domestic Australian resources. Fact.

      Why don’t you google:“agencies offering 457 workers.”
      You will see lots and some even state they ‘Service Clients such as large multi National organisations through to smaller independent businesses’.

      Did you not look at the jobs page I supplied from the UK? If you googled a selection of those jobs you would find that they are simultaneously advertised in both countries. so australian domestic worker jobs ARE taken by temporaries.

      Many agencies now offer an immigration service as well, so you can bring in a worker from Europe, India or China.

      As for the youth unemployment, start by reading the study by Dr Bob Birrell and Dr Ernest Healy of the centre for population and urban research at Monash University in Melbourne. They quote “The proportion of 15- to 19-year-olds unable to find full-time work is around 30% .”

      The Report shows that 55% of Students work and remain in Australia per year.

      The report says the problem for young Australians is that employment growth has slowed, particularly in the relatively low-skilled entry-level jobs in retail and other service sectors.

      It warns that domestic workers face “ferocious competition from the temporaries for such work” because the latter are less likely to have access to family assistance or government welfare payments and are thus under extreme pressure to find employment.

      Between the Temporary visa entries and the Agencies bringing in workers for specific jobs, the Australian domestic workers are losing out under this Government.

    • fml says:

      01:34pm | 05/12/12


      Just a tip, you should provide evidence to back up your points instead of asking others to google to prove you right. I don’t think that is going to work.

    • simonfromlakemba says:

      01:50pm | 05/12/12

      There is always cheap property around. If you live in Sydney just follow the Arabs.

      1. No one wants to live with them, so people from outside the suburb talk it down - tick
      2. Usually all the suburbs they are in have good facilities - tick
      3. They never leave the suburb so you will always have buyers/tenants - tick

      I did it and worked out well, TimB and BenC are all there with me.

      People just want too much early these days.

    • PJ says:

      01:59pm | 05/12/12


      I cannot paste in a specific Company website.

      You know all about the Temporary visa scandal anyway and how this impacts of low skilled to semi skilled workers in Australia,

      All my sources are referenced.

    • fml says:

      02:30pm | 05/12/12


      You havn’t referenced anything, except for a job advertisement from the UK.

    • HC says:

      02:59pm | 05/12/12


      You misquoted (deliberately?) Birrell and Healy who said “The proportion of 15- to 19-year-olds unable to find full-time work is around 30% in some parts of Australia.”  (full report here: it doesn’t say that all Australians that age in all areas have an average unemployment rate that high, nor does it state that they can’t get part-time work as you implied by ommission.  And again that doesn’t appear to have changed very much since at least 1994, maybe earlier (my ABS link above doesn’t seem to work but the document I’ve cited is 4102.0 - Australian Social Trends 1995), far longer than just this current government.

      You also failed to provide any specific examples to back up your claim that “There are now foreign and domestic recruitment agencies that use business cases that show employing 457 workers is more economic than employing domestic Australian resources. Fact.”

      It’s not a fact unless it can be independently verified.  Supply your source for this claim otherwise it remains circumstantial.

      And you failed to acknowledge that the job opportunities being simultaneously advertised in both countries are still available to Australians but are (for whatever reason) not being filled by Australians.  For a job to be taken away from an Australian who wants the work I believe the Australian would have to be denied access to the opportunity to apply for it.  This does not appear to be the case, at least in the only example you’ve provided.

      I’m not saying that youth unemployment is not a problem, it is, but your numerous exaggerations and ommissions appear to be misleading (whether intentionally or not) and this deceptive and misleading conduct invalidates any legitimate points you may have to make.

    • expat says:

      05:05pm | 05/12/12

      PJ is very correct.

      We have a smallish company that makes use of the 457 visa. The company that does some of our marketing is a rather small business and they really make heavy use of the 457 visa.

      If we are doing it, i’d say the larger companies are doing it in far greater numbers.

    • Christian Real says:

      06:19am | 05/12/12

      Talking down the Australian economy shows exactly why this current Liberal opposition led by tony Abbott is not fit or capable of governing our great Country.
      Why would other countries or businesses bother to invest when we have an opposition that is continuely talking down the economy.

    • Party Time says:

      07:27am | 05/12/12

      Countries with poor economies are usually great places to do business.

      For example, Malaysia does a lot of the world’s manufacturing, because labor is cheap and the companies don’t have to pay taxes.

      I know of a certain major boat builder planning on moving their operation to Nigeria to save millions.

      You should try and look at the bigger picture than simply barracking for one political party. It’s what separates the winners from the losers.

    • PJ says:

      07:27am | 05/12/12

      Last year the Gillard Government signed off 307,000 ‘Student’ visas.

      Australian youth compete with these Students for jobs that would otherwise give them a start. A taste and discipline for the 9 to 5.

      TheGovernment will tell you that we need temporary workers to do the jobs Australians won’t do. Well thats true for fruit picking, which traditionally has been done by backpackers. But it is not true of the Trainee Analyst role or the Trainee Payroll Asst in Australia’s big corporates. The import of thousands of 457 workers under this excuse is not warranted.

      One of the Big crimes of this Labor Government is that it has sold out our youth in favour of the temporary worker.

    • Old Wise Voter says:

      08:35am | 05/12/12

      I think you are completely wrong in your blog. Do you think that people in other countries think the same as you. Their civilisations are older and in general they can see where opportunities exist through centuries of civilisation. They can see through this existing mess of a government to an Australia of strength, decent living standards, job opportunities and a hope for their families. If the source of knocking the Australian economy is to be publicised, you have to go back to the 2007 election policy instituted by the Labor Party in it’s false claims about Work Choices, which was working effectively creating employment opportunities for people of all ages, and getting rid of union bullshit.

    • fml says:

      09:25am | 05/12/12


      Howard first increased places to full paying (international) students in 2003, he also increased university fees. I don’t know how you can blame a trend started by Howard as labor’s fault.

    • Anubis says:

      09:43am | 05/12/12

      @fml - Labor have been in power since 2007 (although you wouldn’t know it when everything is Abbott, Abbott, Abbott). They have had five years in which they could have reversed that trend. They have not and just keep increasing the numbers of 457 workers allowed in. As with Government finances Labor have spent the future in order to gain what….I can not see anything they have done to benefit the nation in the coming years except for the NBN which they are screwing up as well, budget blowouts, roll-out falling further and further behind, cherry picking their own electorates for the roll-out (usually those already well served by internet) and ignoring the areas where internet access is utter crap.

    • fml says:

      10:20am | 05/12/12


      Calling out the labor government and supporting the Liberals who did the same thing (even worse as Labor has not increased fees) is extremely one eyed.

      Also Abbott makes everything about himself with his unambiguous negativity. How about he put forward some policy instead of criticising. To think that he will do better than the Labor government and not peddle the same crap is naive.

    • Anubis says:

      12:08pm | 05/12/12

      @ fml - reread my comment. No where in it did I support the Liberal Government or Tony Abbott. I did point out Labor’s negativity where everything is Abbott, Abbott, Abbott because they can’t get anything right. As far as the Libs releasing policy - go to their website, all the policy you could want. To release revised policy this far out from an election is to just invite the opposite party to do a me too, me too actions as they did in the lead up to KRudds election.

      If the issue you raised is such a problem, and Labor are supposed to be the worker’s party, then why have Labor just increased the number of imported workers rather than concentrating on bringing as back to trade colleges and reskilling the Australian population whilst at the same time reducing 457 numbers. They have been in power long enough to effect that change but have done sweet fa toward it.

    • PJ says:

      12:46pm | 05/12/12


      *** Temporary Student Visa take Australian domestic Jobs.

      ... easy fml,
      ... because the system has been changed and now allows them to work, and hence compete for low skilled, entry level jobs that were usually taken by Australian domestic workers.

      In fact the system has changed such, that 55% of Students entries do not go home but stay and work.

      You most have notice.

      *** 457 visa take Australian Domestic Jobs

      I want you to google “Agencies Offering 457 Visa workers”

      You will see loads of agencies offering to source and import temporary workers for you.

      Some agencies will show you a compelling argument that importing temporaries for a specific job is cheaper than hiring the Australian domestic worker.

      So between these two sources, Australian Domestic Workers in certain demographics face tough competition from overseas workers desperate for residency and will to accept anything for it.

      This has become possible only in the past 5 years of Labor rule.

    • fml says:

      12:52pm | 05/12/12


      Reread my comment, no where did I say you did. I originally replied to PJ.

      Reread my comment no where did I say that people were not mentioning abbot, abbot, abbot.

      As for anything of value added by labor go to their website.

      The issue I raised was in response to PJ, who made a point about university places. I raised the fact that it started with howard who made more drastic changes than the current Labor government.

      Increasing 457 VISA’s fills current work shortages, if Labor spent money on training people then people like you would complain that they are spending money, the libs would do no different.


    • PJ says:

      01:44pm | 05/12/12

      Gillard Government Immigration policy settings have been adjusted to accommodate this boom ethos and the Big Australia Policy.
      The Government’s 457 temporary-entry visa program is also running at record high levels. Opportunities for other temporaries, including visitors, students and Working Holiday Makers most of whom have work rights in Australia, have also been opened up.

      The immigration program is set on full throttle, whereas the net growth of the employed workforce in Australia has slowed to a crawl.

        The Australian Domestic Worker is being crowded out, particular the Australian young.

        The Government has placed the selection of migrants on employers, who it claims are the best judges of Australia’s skill needs.

      Most 457 visa imports had nothing to do with the Resource Industries.

        More than half of those visaed in 2011-12 did not have an occupation listed by the Government as a Skill Shortage. They are taking ordinary Australian Domestic Workers jobs in other words.

        Most of those sponsored under the 457 visa were already employed by the sponsor. This means they do not have to possess professional-level English proficiency, or to undergo an assessment of their credentials by the relevant Australian occupational authority.

        As a result, employer sponsorship is increasingly being used as a backdoor entry method, which allows some employers to get a competitive advantage and some 457 imports to evade the much tougher entry rules applied to points-tested migrants.

        This is also why the temporary-entry 457 visa program continues to expand despite the recent slow- down in employment creation. At current rates 457’s increase 20% annually on previous years.

      The Young Australian faces a huge issue with the large numbers of cheap temporary workers clamouring for the Metropolitan low skills job market. For example, the number of Irish citizens visaed under the Working Holiday Visa program increased from 14,790 in 2009-10 to 25,827 in 2011-12.

      Thank you Labor.

    • PJ says:

      01:55pm | 05/12/12

      Lets talk about when we caught out the Gillard Government betraying the Australian worker.

      Who remembers The Enterprise Migration Agreement (EMA)? 

      On 25 May 2012, the Government announced that the Roy Hill venture would be allowed to sponsor some 1,715 workers under the 457 visa.

      Most were to be semi-skilled and all of those sponsored, whether semi-skilled or skilled, could possess only rudimentary English.

      Like other 457 visas, Roy Hill did not have to give Australian workers an opportunity to apply for the jobs.

      The EMA arrangements have been based on claims that domestic workers are unwilling to work in remote settings.

      Yet, by October 2012, some 27,500 Australian Domestic job seekers had registered an interest for such work on the Government’s own Resources Sector Jobs Board. Making the Gillard Governments assertion about lazy Aussie workers a mere slur.

      I do not think there us a better example showing that the Gillard Governments claim to be ‘For Working Families’ is a load of crap.

    • fml says:

      02:09pm | 05/12/12


      “I want you to google” No, if you want to back up your point you can do it yourself, i’m not going to do your dirty work for you. If you want to make an unsubstantiated claim expect people not to believe you.

      “Some agencies will show you a compelling argument that importing temporaries for a specific job is cheaper than hiring the Australian domestic worker.” Well yes it is, and companies should be able to hire who they want? I thought you hated communism?

      You are only allowed to work only 20 hrs a week on the student visa. So I don’t understand what you are on about. I think you have an ACA hangover..

      The 457 migrant visa is for areas where there are skill shortages, so what?

      “This has become possible only in the past 5 years of Labor rule. ” No it hasn’t.

    • Steve Putnam says:

      05:48pm | 05/12/12

      @ Christian Real When Abbott addressed a conference of conservatives in London he claimed “bragging rights” (his exact words) regarding the strength of our economy. He then returned home to spread his nay-saying, talking down the economy and issuing dire warnings about debt and anything else he could think of.
      People are awake up to this hypocrisy and that there’s no way this light-weight will ever get the job he sees as his birth right.
      If further evidence of his unsuitability to be PM were needed, then look no further than his latest publicity seeking device - driving a truck from Brisbane to the NSW Central Coast. This stunt is intended to do what precisely? Abbott knows his star is on the wane, and this is his response.
      No attempt to formulate policy. No alternative vision for the country.

    • FINK says:

      06:23am | 05/12/12

      “Negativity and widespread depression begin with the leadership in Australia”
      Yes acotrel, you nailed it on the head! And we can start by our current leader! The PM.

    • acotrel says:

      07:00am | 05/12/12

      I have never yet heard Julia Gillard make a negative statement about our economy or our future ! Her only negativity has always been in response to a jerk.

    • Christian Real says:

      08:14am | 05/12/12

      Negativity is more Abbott Leadership than Gillard, time you took off those rose coloured glasses Fink

    • FINK says:

      08:41am | 05/12/12

      “I have never yet heard Julia Gillard make a negative statement about our economy or our future”
      Unfortunately, actions speak louder than words and in this case Gillard’s actions has negated the growth in the only current viable sector, “Mining”. The boom has not ended! China is still growing, but the introduction of the MRRT has afford the mining companies the arrogant position of stopping expansion and slowing the top gear economy!Why? Because they can and unlike us the slaves, they won’t let governments dictate through taxation dictatorship what they are to do.Once the coalition gets back in next year, the boom pickup and continue on leaving Labor in it’s merry way.

    • CJ says:

      10:48am | 05/12/12

      Turn it up FINK. If Abbott and Hockey thought they could get some sort of political advantage by poo-pooing Santa Claus or saying the Sydney Harbour Bridge is piece of shit, they’d do it. Everyone know that about them.

    • fml says:

      01:32pm | 05/12/12

      “actions speak louder than words”

      So you have misinterpreted something?

    • Prick WIth a Fork says:

      06:39am | 05/12/12

      I think this survey is great news. After years of greeenie propaganda, young people just want to go out, get a job, and make some money. Good on ‘em. There’s hope for us yet.

    • Gordon says:

      07:14am | 05/12/12

      I had to re-read this article to search for any references of ‘greenie propaganda’ you mention. Whilst there may be hope for the younger generation sadly your hatred means there is no hope for yourself. I pity your grumpiness.

    • fml says:

      10:22am | 05/12/12


    • Mik says:

      06:55am | 05/12/12

      The majority of young people, like tha marority of the rest of the population, are good people trying to make the best of their lives. Indeed some are absolutely fantastic as they act as carers or interpreters for their parents, siblings or grandparents and volunteer in many community roles. They do their bit to make a decent society.
      Unfortunately it is the ratbags who get the media spotlight - perhaps they have been secretly watching question time in parliament.

    • David says:

      07:02am | 05/12/12

      If the young people listen to and believe the undefeated champion of gobbledegook , that f—wit of all time and complete idiot ,Wayne Swan , they will be in real strife in the future .

    • PJ says:

      07:10am | 05/12/12

      Since we discovered the mass programme of cheaper overseas worker importations, This Government that has been telling us we are:
      - Unskilled
      - Unwilling to relocate
      - Lacking in diversity

      And use this to justify giving:
      38% of State Government jobs
      20% of State government jobs.
      70% of private industry jobs.
      40% of Mining jobs
      ...... to cheaper overseas workers.

      In cities like Melbourne and Sydney, our recruiters are shown business cases by overseas recruiters operating in Australia, that shows importing 457 workers is a more cost effective model than employing Australian nationals.

      Australian national are people who hold citizenship or residency, Aussies in other words.

      Our big Corporate jobs, normally a wonderful development opportunity for our educated youth, are going to a cheaper mobile global workforce, looking for residency.

      Its a shocking state of affairs that has been made possible by a Government more interested in self preservation than Australian people.

    • Andrew ca says:

      01:42pm | 05/12/12

      No its called globalisation. Australia has been removing protectionism for years in terms of trade it was only a matter of time before it moved onto human capital as well.

      Australians need to realise that there are people just as smart, just as capable and more than willing to work for less. Time to give up the lattes and be prepared to negotiate!

    • Mahhrat says:

      07:27am | 05/12/12

      I’ll be encouraging my daughter to find part-time work when she’s 15, not because we need the money, but because as this article says, fiscal knowledge is very important.

      I grew up with a very poor concept of what it meant to make and spend money.  I still struggle with it.

      At least this way she’ll learn the value of money, not to mention the social skills of dealing with people, peers and money.

      (And when I say part time, I mean once or twice a week, tops - no slave driving here!)


      07:29am | 05/12/12

      Hi Toby,

      You are so straight to point when you say that young kids aged 15 shouldn’t be worried about finding jobs to support themselves or their families in any way!  To me personally that really sounds like a future plan of a child in a poor Asian country such as India or China?  While we have thousands of overseas students having a chance to study in Australian universities for a price of course, what can we truly say about the future expectations of a an average Australian teenager who hasn’t had a chance to become qualified in any particular field? May be getting a job in McDonald’s or working in a supermarket stacking shelves?  It does sound a joke really considering the fact that Australia is a developed Western nation or may be not?

      The Australian Government has still not come up with real solutions and real incentives for the young generation to become qualified in the areas of interest by furthering their educational standards first!  Handouts such as youth allowance and unemployment benefits further down the track aren’t the answers we have been looking for. Social welfare system is an integral part of our lives but only serves as a safety net for the young or older generation lacking the basic skills and educational standards required for certain job descriptions. Other than that it offers no real purpose except for making some people searching for employment to become a little complacent and less motivated to actually keep on looking for jobs they truly think that they deserve.

      And for the most young generation we do need more incentives to stay in school and further their educations just like the privileged overseas counterparts.  Australia may have been lucky in the past, however luck isn’t simply enough anymore. We can only call ourselves the clever country only if we are willing and able to make intelligent choices for our children’s and Australia’s future at the same time.  Because our children happen to be our future, right?  And because they simply are worth all that effort. Kind regards.

    • James C says:

      07:51am | 05/12/12

      This could not be more accurate. Young people are being forced more and more to become part of the adult world at a younger age, and in this age of technology, there is no escape from the reality of life.

      Interesting to note that all around, young people care less about the environment than what they did last year. The world isn’t full of hippies. Hurrah!

    • andrew says:

      08:03am | 05/12/12

      I’d be seriously worried if the number 1 issue for 15-19 year old Australians was not personal financial worries/ the economy. By this age they should be well aware of how expensive housing is in most parts of Australia and have figured out that unless they want to still be living with their parents at age 30, they need to either get a job ASAP and start saving for a house deposit - or get tertiary education/ a trade and aim for a higher income a couple of years down the track. They should also have heard by now that we will have an ageing population over the next 30 years, and understand that this means they will be shouldering an increasing tax burden to pay for all the aged pensions and healthcare for all those elderly Australians.

    • andrew says:

      08:31am | 05/12/12

      Also you’d have to be living under a rock to not know that earning minimum wage is no longer sufficient to support a lifestyle any of us want to live, not to mention unskilled jobs are disappearing faster than cold VB on a hot day at the cricket - look at the supermarkets, Australia post replacing checkout staff with self-service, banks replacing tellers with increased online,phone and ATM based services, call centres relocating overseas.

    • tez says:

      08:09am | 05/12/12

      Don’t see a problem with young adults feeling a bit of stress at realising where money comes from

    • Steve says:

      08:31am | 05/12/12

      Perhaps the survey reflects the situation that Australia’s reduced propersity is forcing poeple - of all ages - to concentrate on the essentials like economics and jobs, rather than the relative luxeries of environmental concerns.

      The credit-fueled boom is long over, and the future is grimmer for everyone, especially the low skilled and unskilled. 

      It is just another sign of the new normal but on an individual level - lower income growth rates, paying down debt, higher saving rates, and job insecurity.

    • AdamC says:

      09:01am | 05/12/12

      This all tends to suggest that young people are pretty similar to their fellow human beings of more advanced years. Wow, what a turn up for the books!

    • subotic says:

      09:30am | 05/12/12

      Zapp Brannigan: Don’t be such a chicken, Kif. Teenagers smoke, and they seem pretty on-the-ball.

    • Baloo says:

      11:37am | 05/12/12

      I’d like to see someone not read this in Zapps voice.
      Can’t be done.

    • Borderer says:

      09:41am | 05/12/12

      The average young person is a decent human being, their attitude and behaviour is directly proportional to the amount of education they are given. I’m not talking about shuffling them off to school but how much time you take as a parent to instill values and educate them about life, you are their first rolemodels. It’s not about shouting and smacking (though consequences should be taught) but allowing them to assemble facts and draw their own conclusions, taking time and using patients, none of use fell out of bed at age 15 as fully developed adults, we shouldn’t expect our children to either, nor should we expect others to do the job for us.

    • Pattem says:

      01:08pm | 05/12/12

      @Borderer, you mentioned that “the average young person is a decent human being”.  Not if you believe the MSM, which paints them as binge-drinking, careless, reckless, irresponsible, violent idiots.

      I believe Discipline and Correction can be implemented without smacking, but would not totally preclude the need to spank IF it fit the situation (very rarely).  Definitely, as parents, it is our responsibility to teach our kids about the things schools cannot, or don’t: values, morals, ethics, hard-work, etc.

      I absolutely agree that education doesn’t stop at school.  I used to work in a school where the teachers often moaned that some parents seemed to expect the teachers to be teaching values and behaviour to the kids.  Scary.

      On a more formal education note, The 730 Report last night showed a classroom program where the teachers exposed 9yo kids to yr 10 and 11 science.  Rather than spoon feeding our kids with basic knowledge we need to be challenging them with deeper and broader knowledge bases at a younger age when their brains are so absorbent.  The program clearly showed that kids can handle the demands of more advanced learning than what they currently get in schools.

    • Meh says:

      09:56am | 05/12/12

      Yeah, of course people my age are a bit worried.

      The generation before us was very large and sold the cows instead of the milk. The average price of a house in Sydney is more than most will earn in twenty years and renting is volatile and stressful (when the owner can, at any particular point, up the rent or sell the property leaving you in the lurch). In ten years taxation must increase dramatically to accomodate a large and politically influential group reaching retirement age en masse.

      Whichever way you look at it, the future is not looking as good for people born in the 80s as it was for people born in the 50s. Debt up to your eyeballs by the time you’ve graduated from University with the prospect of buying a house and paying it off for the next twenty years with the threat of Corporations offshoring more menial work and increasing numbers of foreigners moving here to compete for the jobs that must remain in house.


    • St. Michael says:

      01:08pm | 05/12/12

      Put it this way: at least you’ll have more integrity as a generation.

      The Baby Boomers will be the last generation to be able to spend more in their lifetimes than they earn as a group.  No other generation had the gall to contemplate, or invent the concept of, “spending the kids’ Inheritance”.  Sadly, you’re going to have to wear their debts, as will your own children.  The US’s 16 trillion debt in the main comes from the guilt complexes Baby Boomers hold about abandoning the “Free Love” principles they held in their youth, and from their bigger-and-bigger government policies.

      But as I said, they’ll be the last generation to do that to their children.  I would be amazed if your generation does to your kids what the Baby Boomers did, and are about to do, to theirs.

    • simonfromlakemba says:

      01:35pm | 05/12/12

      “(when the owner can, at any particular point, up the rent or sell the property leaving you in the lurch)”

      Not entirely true. Although notice period is short the sale process gives you a long time to find somewhere else.

      What tenants fail to realise is that a rental property is a business transaction for the owner and when it doesn’t make sense to hold it any longer then they sell it.

      The rent can only be increased at certain periods in the tenancy depending on how long it is and can only be increased by CPI.

    • Modern Primitive says:

      02:03pm | 05/12/12

      TSince whenhave rents been pegged to the CPI?

      Or did you mean that rents generally rise with inflation?

    • JTO says:

      03:33pm | 05/12/12

      St Michael - The baby boomers get a bad rap I reckon. I’m an x (child of boomers) and so a most of my friends, and almost all our parents are helping us out in some way, whether that be with school fees, mortgage repayments, you know… the big stuff. What they’ve done is set their families up for the next generation, which is kinda what I’d like to achieve for my kids. Not all of them sold the house, bought a big Winnebago and set off around the country. I can totally understand the resentment from people that have been locked out by their parental failures wink

    • St. Michael says:

      04:45pm | 05/12/12

      @ JTO: See how far personal anecdotes get you when said Baby Boomer parents are relying more or less on you to support them into, out of, or without, an aged care facility.  See how much money it costs you to look after your generous parents when aged care is tied up in a garotte of red tape and prohibitively high union awards and “qualification” rorts.  Those schemes were all created and imposed on you by your parents’ generation.

      Or see how nice you feel about said Baby Boomers when tax rates are massively increased—as they will have to be eventually—to pay for the Baby-Boomer-created-and-expanded largesse that is known as the age pension.  See how nice you feel when the retirement age—your retirement age, not the Baby Boomers’—is lifted, from 67, to 69, to 70 until, unlike your parents, you are working until you reach the grave—just as your grandparents did, ironically.

      The Baby Boomers en masse chose to let their children believe their governments would always look after them, and consequently taught them very little as a group about long term economics or the horrors economic crises can inflict on a population when said governments abuse their power, as they always do.  You can’t blame the Baby Boomers’ parents for this.  They did their part.  Also known as the Greatest Generation, i.e. the one that suffered through two world wars and the Great Depression, they tried to tell their Baby Boomer children that you cannot rely on government to look after you or spend money buying votes.

      The Baby Boomers did not listen, and have spent the past fifty years creating and fighting a new class war: not aristrocracy against the commons, but rather those who create wealth against those who do not create it and want it for nothing.

      “What they’ve done is set their families up for the next generation,”

      Oh, they’ve done that all right.  I assume you pity first home owners the astronomical prices they have to pay, yes? Well, remember this: the Baby Boomers could get into houses, and did so, in record numbers.  As a group they did not even think about extending the same boon to their kids, which they could have.  The housing affordability crisis in this country rests wholly on Baby-Boomer-friendly government policies on real estate, like negative gearing, and on Baby Boomers speculating on real estate.  They are not in the same position as their parents whose superannuation basically amounted to the house they were sitting in.  Most Boomers knew damn well they’d need money to retire on, and as a group they’ve wasted it.

    • subotic is childish... says:

      10:06am | 05/12/12

      Lawyer: Your Honor, my client has instructed me to remind the court how rich and important he is, and that he is not like other men.

      Mr. Burns: I should be able to run over as many kids as I want!

    • Jaqui says:

      10:24am | 05/12/12

      We’re all going to die in a global warming fire of hell! Even if we give away every last penny we have on making a select few leftists rich, we might still die in a firey hell of floods and tornados.

      No wonder the kids are infected with doom and gloom!

    • subotic is a tool says:

      10:58am | 05/12/12

      I’m praying for rain.

      I’m praying for tidal waves.

      I wanna see it all come crashing down….

    • Jaqui says:

      02:18pm | 05/12/12

      ^^ See what I mean, this doom and gloom is making them insane.

    • Richard says:

      10:37am | 05/12/12

      Gillard doesn’t have to talk the economy down. Swanny and Co. do it by their actions and not words. Hockey didn’t appear to be gloating , on the contrary he seemed sad that we (Australia) are in this situation.

    • jacko says:

      11:08am | 05/12/12

      From 2002 - 2003 both my kids, from aged 13 were earning money doing part time work. They were not unique among their friends and it is a growing trend that beats the slothful mindset of those who think life owes them an easy ride.They are both hard working adults now as are their mates who learned early to get off their butts and make a contribution.

    • TheHuntress says:

      11:48am | 05/12/12

      It’s nice to see a more positive article about our youth. While it’s always easy to talk negatively of our young (and yes this generation does have some irritating traits that I don’t understand), but overall they’re not that bad. I have found majority of teenagers I encounter to be kind, polite and interested. Yesterday I had the pleasure of a 15 year old lad I was vaccinating asking lots of interestng questions about nursing, healthcare and science. And he’s not a one off, so many I encounter are like this and I really enjoy them. I have recently been offered seats on public transport by teenagers (I didn’t think being 31 was that ancient, but maybe it is), a young person stopped and picked up a shopping bag I’d dropped on the floor on Saturday and when I was approached for help by 2 sheepish young lads at a shopping centre one afternoon for help they were so polite in thanking me, saying that no one had responded to their request for help for an hour and a half.

      All of that compared to my shopping journey on Monday where I counted seven people, all aged around 50 and older, pushing in front of me in queues for service - it made it worse that every single one just stepped around and in front of me and stared, almost daring me to say something. Maybe it was international queue jumpers day or something, but it struck me as being very rude.

      The kids are alright.

    • Pattem says:

      01:19pm | 05/12/12

      And the thing is, really, you don[‘t have to look hard for well-mannered teenagers and young adults.  As we get older we can get blinkered in attitude and selfish in behaviour, whereas the youth see the whole world around them.  I keep reminding myself:

      Turn up the corners of your mouth.
      Lift your head.
      Look around.

      Ah to be young again!  The movie UP is one of my favourites, as it is rich in Ageing-related themes.  There are more lessons in that movie for older people than for any other target audience.

    • Bruno says:

      12:16pm | 05/12/12

      what do we do about? three options: post on the punch and/ or bend over and take it, we have been conditioned to believe, by the very industry you wrote this for, that anything else is unaustralian. i remember the pm about a year ago making a speech about “for love of family and nation”. A generation ago the word community would have been included.

      The third option raise your kids to understand that its all rubbish, what they see on tv, what they read in the papers, on the internet, the royals, the banks, the taxes, the governments, the colony, all of it, rubbish, the only thing you will loyal to is yourself and each other, blood is thicker than water, family and money are the two most important things in the world. mateship is useless, you make friends based on necessity. The two most scariest animals in the jungle, the two animals that everyone else runs away from is the lion and the hyena. Even the female lions will run from the hyena when the male is not there. Most people are not lions, so better start learning the skills of the hyena, it may not be noble, but its better than being a sheep. this is what its getting too.

      btw the king of the jungle is a patriarchial animal, the grub of the jungle is a matriarchial one.

    • HC says:

      01:05pm | 05/12/12

      Actually neither lions nor hyenas live in jungles.  They live on grasslands.  And a lion’s pride is anything but patriarchial, lionesses do the hunting, they also choose the lion to head up their pride.  And neither lionesses or lions are afraid of hyenas unless they’re ill, old or weak.  And finally the scariest mammal in the African grasslands, the one that kills more people than any other each year, is the hippopotamus though don’t for fvck’s sake ever mess with a honey badger, these unbridled little dervishes of fury and claws are reputed to have an annoying habit of ripping the testicles off of anything larger than it.

      Facts: please learn them.

    • Bruno says:

      03:10pm | 05/12/12

      ok HC sure thing, grasslands jungles the point is the same. a group of lionesses in their prime on the hunt, if outnumbered, will run from a pack of hyenas in their prime and go call the male, the hyenas will then run when they see the male in his prime, regardless of numbers. male lions fight, the females go with the winner, all the females, with one male, the male sits on his arse all day, has food brought to him by the females, if this is matriarchial then where do i sign up. you don’t know more than david attenborough. while your feministic passion and pride are admired lions dont care for it. ok hippos and honey badgers now, unbelievable, i believe the point was which two “grasslands” animals are other “grasslands” animals scared of most, not who sits on who by accident or who kills the most humans because because the kids wanted to pat the harmless looking hippo and thought the badger was cute and furry thing, otherwise i believe that answer would be mosquitoes, yes mosquitoes are the most scariest animal in the kingdom. Next time why don’t you just call me a misogynist and bring up unrelated stuff. FFS I was talking about animals.

    • HC says:

      04:37pm | 05/12/12

      Hey I wasn’t accusing anyone of being misogynistic nor will I and while I may not know as much as Attenborough (the man is a god of biology!) I believe I still know more about African savannahs than you seem to tongue laugh and plenty of animals are not scared of a pride of lions, elephants aren’t usually bothered by them unless they’re weak and/or sick, crocs don’t run away scared either and funnily enough neither does the honey badger.

      Accuracy is important if you want to make a point.  Jungles and grasslands are very very different climate zones.  It’s like saying QLD is the same as Tasmania because they both have trees.  tongue laugh

    • Gregg says:

      12:17pm | 05/12/12

      Leaving the politics out of it Toby as the usual have not, it is something of a vicious circle and you cover that yourself with your commentary;
      ” This year’s survey picked up a significant number of truly worrying comments from participants, some as young as 15, about their family’s parlous economic circumstances and their need to get a job, or be less of a financial burden, to help keep the household afloat. “
      Certainly as the true implications of this nations parlous economic circumstances bite more and more personally, whether that be for the family or teenagers alone, more and more people will find it considerably more difficult to make ends meet, just as many already do.

      Whatever government we have in power, overly wasteful and excessive spending is certainly never going to help any economy in the longer term for if it results in borrowings, there is always the repayment required including interest.
      It seems our current government was hoping for some funds with the MRRT but again they would just promise more spending.
      As for
      ” Kids as young as 15 shouldn’t be worrying about finding a job to keep their family afloat. They should be concentrating on their studies and living the carefree adolescent life we would want for them. “
      Ideally that may well be the case but encouraging the living of carefree adolescent life is hardly great training for what is reality and it is the reality of life that many of the poll respondents are obviously facing.

      Kids have been doing part-time work in supermarkets, cafes and
      Mc Donalds etc. for decades, often through into Uni Study years and for all sorts of reasons and many of them lucky to have what they do, far more lucky than the about ten year olds and younger kids living under piers in Bangaladesh or in or adjacent to garbage dumps in places like Indonesia, Lagos or Manila and elsewhere.
      Let us hope our western governments irresponsibilities do not get us that far.

      ” So what can we do to help alleviate this anxiety? “
      ” Firstly, we can work to improve the financial literacy of young people. Research tells us most young people want to learn about saving, about planning for the future. “

      And what better example could we have but for governments to lead the way in showing savings!
      How about we establish a charter of government accountability that mandates savings by a government and if they do not meet a target they have to call a fresh election.

      ” Mission Australia has experience in working successfully with young people from disadvantaged backgrounds on their financial literacy, lessons that can be rolled out nationally. “
      Financial literacy can even be very political but if you keep to the basics of you earn so much and you spend less or borrow and pay interest so no savings and have it in clear unmuddied political terms, it hardly needs a course but just constant reminders.

      ” We can also do more to support young people to make a successful transition from school to the next stage of their lives, be that further education, training or the workforce. “
      There’s already heaps of education/career resources already existing but the most positive support that can be offered is to have a strong economy that can provide employment and currently the economy is weakening, massive borrowing and evermore taxing not at all helping and even the current government might realise what a mess they have made otherwise they would not be striving for a surplus.

      If the government really gets into slashing their own wasteful ways and stops promising so much the economy cannot afford they may well find that not only would the economy strengthen, they would not need as large a welfare net.

    • Guest says:

      12:37pm | 05/12/12

      Australia’s economy is the envy of the world.  If kids are depressed about the economy, it’s because they are not properly informed and possibly have unrealistic consumerist expectations.  We have an extraordinarily high standard of living and in spite of social changes, still have one of the most egalitarian societies in the developed world.

    • Anjuli says:

      01:24pm | 05/12/12

      My local supermarket is owned by an person who has 13 other stores, in all of them he employs students from India. There are 3 Caucasians out of about 20 staff in my store alone, I like all the young people on the staff, though I do get the point one comment made ,are they taking jobs the local young want .

    • fml says:

      02:12pm | 05/12/12

      They are not taking anything, they applied for it and got the job.

      There mere presence is not an indication of them taking jobs from Australians. Should I go to a predominantly “white” employing establishment and say they are taking away jobs from brown people? Ridiculous. It’s reverse, reverse racism.

    • Modern Primitive says:

      02:47pm | 05/12/12

      Why do you hate Australia fml?

    • Nick says:

      02:26pm | 05/12/12

      I was really impressed and in fact proud to read that young Australians are doing voluntary work more than ever. That is nothing short of wonderful, and very good on them!
      What doesn’t seem to gel wit that is the sad fact that Australains as a whole have one of the lowest organ donation rates in the developed world. So, certainly for our youth, is does not seem that lack of positive spirit is behind that; so what is it? Lack of awareness, lack of helpful information or,perhaps squeamishness? Any thoughts welcomed.

    • Jay says:

      02:27pm | 05/12/12

      We are selling our country off bit by bit to China and India so they can feed their unmanagable populations and then watch as our Govt’s and Companies go offshore to employ foreigners who control all of our personal and financial infiormation. If Companies wish to employ offshore then the Company Tax rate doubles. If they want to move the Company offshore then the Directors of these companies must live in the country they have moved to and any dealings with the Australian consumer attracts a GST of 20%. Try and buy a house in Japan or China as an overseas investor and see what happens. I feel for our kids because they will have a very hard life as our leaders continue to put the interest of foreigners ahead of Australians. Let more illegal immigrants in and give them a house and a car as well. In the meantime we watch our Super funds dissipate, whilst fund managers continue to take their fee for losing our money.Then when we retire at the age of 75, assuming you have had a job in the preceeding 20 years, we can live on food vouchers and be lectured how foolish we were with our money.
      I sometime wonder if this script has been written by monty Python.

    • Ray says:

      03:09pm | 05/12/12

      Young people should be congratulated for realising that man-made climate change is a big con. Contrary to Labor -Greens propaganda, there has been no significant global warming for the past 14 years.

      Indeed, young people should be concerned about the economy, as it is governed by MPs who do not understand how an economy should be run in the national interest. The days of Australia riding on the miners’  back are fast coming to an end.  Manufacturing is being strangled, and our primary industry exports and tourist industries are being suppressed by a high Australian dollar. Gillard Government spending of taxpayer funds as if there were no tomorrow,  will lead to Australia’s budget deficit accumulating at a rate which cannot be sustained. Former PM Paul Keating’s statement that Australia would become a “banana republic”, would be realised.

      Thanks to economically unjustified green energy policies and the carbon dioxide tax, electricity prices have risen to such an extent that mineral processors and manufacturers are forced to move offshore.
      The longer the Gillard Government holds power, the higher will be the mountain of debt, and the worse will be the prospect for economic recovery. Employment prospects will decline and unemployment numbers will rise.

    • expat says:

      05:39pm | 05/12/12

      The people who are complaining about their jobs being outsourced overseas are the ones who in general did not value education and ended up in jobs where higher education was not a requirement. These jobs are the quickest and easiest to outsource.

      How many kids are leaving school now at 15 to pursue trades? Do you really think it is a good idea to pursue a career that within the decade can and will be filled by a willing, hard working individual from a developing country for a fraction of the wage you are now earning? It is already happening now, what makes you think it will stop?

      There is too much emphasis on taking the easy option throughout school and thinking that you are entitled to not only a job, but high wages to go with it.


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