The $36,500 cost of raising two children in Australia

Raising two or more children in Australia costs at least $36,500 a year, according to research from The Parenthood. Family running costs rose 134% over two decades, while household income grew 102%. A Connell Griffin analysis found childcare is 33% of child costs, up from 27% in 2003. That gap frames Canberra's debate over universal childcare.