Allegra Spender (Wentworth, Independent) Share this | Hansard source

My question is to the Treasurer. Young people in Australia are going backwards. In the last decade or so, a family headed by somebody over 65 saw their wealth increase by 50 per cent, but the wealth of households headed by someone under 35 has barely moved. This can't have been the intention of government policy, and it's not the fault of older Australians, but it has created an intergenerational tragedy. Whilst I acknowledge the positive steps the government has taken to support young people, I don't think they're sufficient to close the wealth gap between younger and older Australians, now or into the future. Does the Treasurer share my concerns?

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