The Age
·general
·4 hours ago
Think having a kid is ‘priceless’? Here’s what they really cost
Australia's fertility rate has fallen to a record low of 1.48 children per woman, prompting concerns over future population stability. The Australian National University's Centre for Social Policy Research estimates raising one child costs about $13,000 annually, escalating to $23,000 for a second. These costs impact family planning decisions amid economic pressures.
Summary by OZbrief · The Age
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