We are disappointed that the Federal Budget failed to address some of the key issues facing 4.1 million young Australians. This is not a budget for young Australians.
While we welcome the investment in youth mental health and the VET sector, key issues including income support, access to affordable and available housing, youth homelessness and youth underemployment were overlooked.
Nationally we have seen a 26% increase in youth homelessness over the past ten years. Forty-two percent of the homeless population in Australia is aged 12-25, and 28,000 young Australians are homeless every night. We are calling for a national plan to address the systemic issues that drive youth homelessness and greater investment in affordable housing and social housing.
The Federal Government stated that youth labour market outcomes have improved recently – we’re not clear how. The national youth unemployment rate is more than double the national average and sits at 11.2%.
Youth unemployment in the Hobart region is 16.9%, with some regions sitting at 17.8% (South-East). This suggests that jobs that have been created haven’t been filled by young people.
Underemployment remains high in Australia, sitting at 9.8% – 35% are young people.
The $158 billion in tax cuts will not assist young people on Youth Allowance/Newstart – they get nothing.