The capacity of families to support young Australians: financial transfers from parents, co-residence and youth outcomes.

The article focuses on the future of young people of Australia in education and career. It discusses the co-residence and financial transfers of parental supports and highlights the financial support given by parents to young people. It discusses the Youth in Focus (YIF) Survey data on income support of family of Australia to young persons. It concludes that the young people who live with their parents receive less financial support that those who live apart.