Media Release: Brisbane Rental Affordability Improves, but Low-Income Groups and Individuals on Newstart are Suffering
While the cost of renting in many parts of Brisbane may have eased in the past 12 months, according to the latest release of the Rental Affordability Index (RAI), not everyone in Brisbane has cause to celebrate. Most postcodes in inner to middle Brisbane remain moderately unaffordable to unaffordable.
The latest release of the RAI found the average household seeking to rent in Greater Brisbane would spend 24 per cent of their total income on renting. This is below the level