‘Widening Divide’: Evidence that Boomers are thriving while younger Australians are facing setbacks
‘Growing gap’: Proof Boomers are raking it in as younger Aussies ‘go backwards’
March 7, 2025
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104,583 attend a Rugby League game at the Sydney Olympic Stadium in 1999 – The stadium’s first ever event. The massive end grandstands were shortened after the Olympics, reducing capacity.
In 1999, the Sydney Olympic Stadium hosted its inaugural event, drawing an impressive crowd of 104,583 spectators to a Rugby League match. Following the Olympics, the stadium’s large end grandstands
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It’s concerning to see the growing financial divide between generations in Australia. While Boomers may have benefitted from a strong housing market and favorable economic conditions, younger Australians are facing significant challenges, including high living costs, stagnant wages, and an increasingly unaffordable housing market. Addressing this gap will require serious policy changes, such as affordable housing initiatives, better job opportunities, and support for younger people in building wealth. It’s crucial for society to find ways to bridge this divide and ensure a fairer economic future for all generations.