Rising costs prompt half of young Australians to abandon parenthood plans

Australian tax consultant Aditya Goel, 32, dreams of fatherhood but fears costs make it impossible, even for high earners. Rising expenses for childcare, rent and groceries have prompted nearly half of Australians aged 25-34 to reconsider having children. Studies suggest raising two children costs over $800,000, straining family finances across income levels.

Summary by Glance · SBS News – Australia