Media Release: 24 November 2015
National Shelter, Community Sector Bank and SGS Economics and Planning have partnered to launch Australia’s first ever Rental Affordability Index.
The Index reveals the depth and extremity of housing stress faced by renters in the current market. Both low income and moderate income households suffer poverty due to high rental costs.
Housing stress occurs when households pay 30% of income or more on rent. Low income households are required to pay around 65% of