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The Guardian - AU
The Guardian - AU
National
Eelemarni Close-Brown, Hannah Parkes, Patrick Keneally and Mike Ticher

What the federal budget means for your generation – gen Z, millennial, gen X or boomer

Australia federal budget 2025: the impact by generation. L-R: Eelemarni Close-Brown for generation Z, Mike Ticher for baby boomers, Patrick Keneally for generation X and Hannah Parkes for millennials.
Australia federal budget 2025: the impact by generation. L-R: Eelemarni Close-Brown for generation Z, Mike Ticher for baby boomers, Patrick Keneally for generation X and Hannah Parkes for millennials. Photograph: Bec Lorrimer/The Guardian

Generation Z

Gen Z is often characterised as the carefree generation since we grew up relatively stress-free, but in adulthood we have become the most anxious generation thanks to the housing crisis, GP affordability and the debt that comes with choosing to study.

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