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AAP
AAP
Politics
Poppy Johnston

Treasury boss backs the young to navigate housing mess

Treasury's top official admits young people are facing big challenges, including housing shortages. (Darren England/AAP PHOTOS)

Young Australians are not getting the same opportunities to step onto the property ladder as the generations that came before them, the top Treasury official says.

The future for young people was not "bleak" despite the cohort facing "very substantial challenges", including housing shortages, climate change and sluggish productivity growth casting a shadow over the pace of income gains, Department secretary Steven Kennedy said.

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