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New research released by ReachOut Australia reveals one third of young Aussies reported the cost of living as one of the issues they are most concerned about. Forty per cent of those young people reveal the cost of living is having a major impact on their mental health.

Of those concerned about finances and living costs, 52 per cent reported experiencing sleep issues due to these worries, others experienced mood changes, more than half lacked motivation because of these concerns. Despite cost of living concerns, encouragingly, more than 60 per cent of young people surveyed reported feeling optimistic about the future often or some of the time.

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