What it costs to raise two kids in Australia

Raising two or more children in Australia costs at least $36,500 a year, The Parenthood research says. Over twenty years, family running costs rose 134% while household income grew 102%. Childcare takes 33 cents of every dollar spent on kids, up from 27 cents in 2003, per Connell Griffin analysis. That squeeze drives Canberra's debate over childcare for all families.