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The Guardian

Australia in biggest ‘baby recession’ since 1970s as pandemic birth boom fades

Australia in biggest ‘baby recession’ since 1970s as pandemic birth boom fades



Sydney has biggest drop in births as economist says couples delaying children because of cost-of-living crisisFollow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcastAustralia is in the grips of a “baby recession”, which some have attributed to rising cost-of-living pressures and economic uncertainty.The number of births in Australia dropped to 289,100 in 2023, the lowest recorded since 2006, analysis from KPMG Australia showed. Continue reading…



Source link : https://www.theguardian.com/australia-news/article/2024/jul/24/australia-baby-recession-birth-rate-decline

Author : Australian Associated Press

Publish date : 2024-07-24 01:22:39

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Tags :The Guardian

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