Does Not Compute

It now costs more than half a million dollars to raise two children - or, rather, Australian parents spend half a million on a pair of kids - but, according to the AMP study:

...it is no more expensive today than it was five years ago... "...it has been good economic times for families," Ms Harding said. "I think over the last five years there has been substantial income increases (emphasis added) so the costs of children have kept pace with that."

But, of course, 'working families' were never worse off than during the Howard years.

-- Nick