Financial concerns 'lead Aussies to wait longer to start a family'

Concerns over their financial position, such as the amount in their savings accounts, are one of the reasons why Aussies are waiting longer to start a family, an expert has stated.

According to new figures from the Health Department, women believe that 29 is the best age to have a child, up from 25 in 1985.

David Chalke, social analyst, told the Herald Sun that many women prefer to wait until this time because they want to be a "young mum" and not hit 30 when they give birth.

However, he observed that many also have not "got around to it" yet.

"They are going up the career ladder or saving for a house and house prices are going through the roof," he asserted.

Earlier this month, Westpac chief economist Bill Evans told the Australian that one of the reasons behind the recent decline in consumer confidence is a concern over personal finances.

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