Brisbane Times ·general ·1 hour ago

OK Millennial: This is why young Australians will prosper like their parents

Research from the e61 Institute indicates young Australians may eventually match their parents' prosperity, despite facing unique challenges in their 30s. Treasurer Jim Chalmers anticipates significant changes to capital gains tax in the May 12 budget to address intergenerational equity concerns. Average income for 35-year-olds has surged 80 percent since the late 1980s, but overall median wealth remains stagnant.

Summary by Glance · Brisbane Times

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