Think having a kid is ‘priceless’? Here’s what they really cost

Australia's fertility rate declined to an all-time low of 1.48 children per woman, prompting concern over population stability. Families face an estimated cost of $13,000 annually for one child, rising to $23,000 for a second, totaling around $391,000 over 17 years. This financial burden influences trends in family planning across the country.

Summary by OZbrief · Brisbane Times