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Pocket money payments up 300% … but kids learn along the way

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1 Oct, 2025
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Rachel St Clair
Reporter
1 Oct, 2025
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Inflation is hitting parents’ hip pockets, with new Westpac data revealing more than half of Australian children are earning on average $25 per week – roughly 300% more their parents did back in the day.
Pocket money payments up 300% … but kids learn along the way
Westpac Managing Director Everyday Banking Chris Brell said parents are prioritising pocket money to help their children and their financial literacy. Picture credit: Pixabay

Inflation is hitting parents’ hip pockets, with new Westpac data revealing more than half of Australian children are earning on average $25 per week – roughly 300% more their parents did back in the day.

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