Australia's Typical Family Unit May Be Minority by 2023

The video discusses demographic changes, predicting childless couples as the norm by 2023. It explores the economic implications of millennials' lifestyle choices, such as not having children or mortgages, and how this affects consumer spending. The discussion extends to global demographic trends, comparing countries like China, Japan, and Australia. It highlights shifts in family structures and societal values, focusing on millennials' rebellion against traditional norms, particularly in housing affordability. The video concludes with a debate on housing affordability and its impact on generational values.

What role does consumer spending play in the economic argument for childless couples?

How does the concept of the 'Australian dream' differ between generations?

What are the implications of housing affordability on the millennial generation's lifestyle choices?