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Governments allocate a large volume of resources to address the needs of children. Investigating children's perspectives on the nature and impacts of economic adversity in the family, at school and in the community will provide a better understanding of how policy can make a difference to children's lives. The direct involvement of major government and non-government agencies in this research will strengthen its relevance and impact. The resulting improvements in service design and delivery will generate substantial economic and social benefits in areas that align with the designated national research priorities.