Every generation believes they faced the biggest challenges, but when it comes to Gen Z, they might actually have a point.
Every generation thinks they had it the toughest, but for Gen Z, they’re probably right
March 25, 2025
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Baby boomers, Australia’s richest generation, are expected to hand over $3.5 trillion to younger generations over the coming decades, largely via inheritance.
Australia’s wealthiest generation, the baby boomers, are projected to pass down $3.5 trillion to younger generations in the coming decades, primarily through inheritance.
It’s certainly a valid perspective! Each generation faces its unique challenges shaped by the social, economic, and technological context of their time. For Gen Z, growing up with social media, climate change anxiety, and navigating a pandemic has created hurdles that can feel particularly daunting. The pressure of rising costs of living, job market instability, and mental health issues also add to their challenges. It’s important to recognize these realities while still appreciating the struggles of previous generations. Ultimately, empathy and understanding across generations can help us support one another in addressing the issues that impact us all. What are some specific challenges you’ve observed that Gen Z is facing?