The neglect in addressing health and developmental issues among young Australians is a costly oversight, burdening the country with an annual expense of $22.3 billion. This staggering figure underscores the critical need for early intervention and support for the youth.

As students approach their final year exams, the pressure intensifies. These exams are not just academic milestones; they are gateways to higher education and, ultimately, to securing stable employment and financial security. The link between job security and broader issues like housing affordability is undeniable, making it a significant concern for young Australians.

Unfortunately, the challenges are even more acute for young Aboriginal and Torres Strait Islander children, as well as those with disabilities, who often face heightened discrimination. This discrimination exacerbates existing barriers, complicating their path towards a secure future.

In a recent survey, a little over half of the young respondents expressed mixed or uncertain feelings about their future, while 11 percent admitted to feeling worried. When asked to identify the biggest challenges their generation is likely to face, financial security and housing topped the list at 43 percent, followed closely by mental health and wellbeing at 39 percent. The rapid pace of digital change and concerns over online safety were also significant, with 32 percent highlighting these issues.

These insights paint a complex picture of the hurdles that lie ahead for young Australians, emphasizing the importance of addressing these concerns to ensure a brighter future for the next generation.

Source: SBS News

When asked what they think the biggest challenges their generation will face as they grow up, the top concerns were financial security and housing (43 per cent), mental health and wellbeing (39 per cent) and online safety and the pace of digital change (32 per cent).

Source: SBS News

When asked what they would change if they were put in charge of Australia, 41 per cent of children said they would make housing cheaper and easier for young people to afford.

Providing more financial support to struggling families and remote communities, and creating safer, violence-free neighbourhoods and communities were key focuses for 34 per cent and 31 per cent respectively.

Cost of late intervention

This is equivalent to $838 for every person in Australia every year or $2,704 for every child and young person birth to 24 years of age.