00:00News just in, the rich are getting richer, while younger people are facing increasing
00:08obstacles like hex debt and housing affordability.
00:11We're seeing that wealth is increasingly concentrated amongst older households.
00:16A yearly university study has followed the same 17,000 people for more than two decades.
00:23It reveals inequality between the haves and have-nots is at a 20-year high.
00:29More than 6% of women and nearly 13% of men are high risk or have suffered consequences
00:35because of problem gambling.
00:38And on the home front, men are not doing any more housework than they were 20 years ago,
00:44despite women spending more of their time at work.
00:47You might have expected that that would therefore translate to a more equitable distribution
00:53of the housework amongst couples, and we haven't really seen that.
00:57My son will tell you that he does a lot, but he actually doesn't.
01:00I think most women do most of the work.
01:03I think men could probably do a bit more.
01:06My father didn't do anything.
01:08My stepmother did everything.
01:09I do a lot.
01:11Men tend to believe they share the load fairly, but women are still doing close to 50% more
01:17housework than men.
01:19Women especially are citing an unhappiness with this life-work balance that is really
01:26causing stress.
01:28There is no aphrodisiac quite like men doing their fair share of household work.
01:36Solving the generational inequality gap is no easy fix and requires major changes to
01:42taxation, housing supply and the availability and cost of childcare.
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