According to Australia's millennials, the future isn't all that bright.
Research company Deloitte surveyed more than 8,000 'millennials' across 30 countries.
For its survey purposes it defined them as being born after 1982 and representing a specific group - those who have a college or university degree; are employed full-time; and work predominantly in large, private-sector organizations.
The survey found they have an overwhelmingly gloomy outlook, with only a fifth expecting an improvement in the social and political situation within the next year.
In comparison, 36 per cent of their international peers felt the situation will get better.
Just 8 per cent of Aussie millennials believe they will be better off than their parents, and half that number are confident they'll be happier.
Deloitte's National Leader for Human Capital, David Brown, says their pessimism is reflective of current world conditions.