More than ever before, young Australians are living with their parents. They’re also working on a casual basis and are more likely to move across the country than any other generation. This information and more is in the latest Australian Social Trends publication from the Australian Bureau of Statistics (ABS).
Home and away
Young people are more likely to live with their parents than in previous decades. In 2006, almost one in four people aged 20–34 were living with their parents.
Almost half of those who leave before their mid-30s return home at least once, usually within three years. Money issues were a common reason young people stayed home, but many also said they enjoyed living at home and it was convenient.
Casual employees
One in four workers are casual employees. Casuals tend to be young, with 40% of them aged 15-24, and their earnings and hours are more likely to vary from pay to pay than is the case for other employees.
In 2007, 47% of casual employees had earnings that varied from pay to pay (compared with 16% of other employees). Casuals were twice as likely as other employees to work in jobs where the hours varied from week to week (35% and 17% respectively).
More details on these topics are available in the June edition of Australian Social Trends, 2009.
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Article by Christie Lewis
Christie is Practice Manager at Alan Lewis Accountants . Besides accounting, her passion is for all things small business (and blogging, of course). You can contact Christie directly at christie@lewistaxation.com.au.
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