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Youth Allowance and the Financial Position of Young Australians

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Abstract

type="main" xml:lang="en"> This article uses data that follow young Australians to their mid-20s to assess how their views of their financial position change as their circumstances change. Full-time students in receipt of Youth Allowance are the least satisfied about their financial position, even among other students, and experience more financial ‘stress’-related incidents than other young people. Little of these differences from other groups seem to be a consequence of the receipt of Youth Allowance. Furthermore, the differences do not translate into recipients having lower levels of life satisfaction, unlike young people in receipt of other forms of government income support.

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  • Chris Ryan, 2014. "Youth Allowance and the Financial Position of Young Australians," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 47(1), pages 115-123, March.
    • Handle: RePEc:bla:ausecr:v:47:y:2014:i:1:p:115-123
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    Cited by:

    1. John de New & David Ribar & Christopher Ryan & Clement Wong, 2020. "Financial Outcomes in Adolescence and Early Adulthood in Australian Longitudinal Data," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 53(1), pages 126-138, March.
    2. Boman, Madonna, 2022. "Relationships with family members and transition from out-of-home care: Unfinished business," Children and Youth Services Review, Elsevier, vol. 143(C).
    3. Somayeh Parvazian & Ronnie Semo, 2018. "The Longitudinal Surveys of Australian Youth: 20 Years and Beyond," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 51(3), pages 426-440, September.

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