Renters on low incomes, including Newstart, are being forced further and further from Melbourne’s city centre to afford accommodation, affecting their ability to find jobs and access services including education, the latest release of the Rental Affordability Index (RAI) has found.
While overall rental affordability has been relatively stable in Melbourne for four years, it is now worse than six years ago. The average income household in Greater Melbourne faces housing
Rental affordability has continued to nosedive in Hobart, keeping its record as the least affordable city in Australia for renters, the latest release of the Rental Affordability Index (RAI) has found.
For the first time, the rental affordability score for Hobart has dropped below the critical threshold of 100. At 93, its RAI indicates that even an average income household in Hobart would be placed in rental stress if paying the
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
Adelaide has now overtaken Sydney as the second least affordable capital city, as incomes in Greater Adelaide have failed to keep pace with rising rents.
The latest release of the Rental Affordability Index (RAI) has found that Greater Adelaide now only trails Hobart as the least affordable capital city in the country. This is largely due to the slow income growth compared to other capital cities and rising rents.
Canberra’s inner city and suburbs have become even more unaffordable with rental affordability deteriorating across the city since this time last year, the latest release of the Rental Affordability Index (RAI) has found
Despite remaining acceptable in rental affordability, the ACT has seen a marginal and consistent decline in rental affordability from the December quarter of 2016 to the close of the June quarter 2019.
National Shelter has written to the Prime Minister, the Hon. Scott Morrison M.P., congratulating the government on their return and raising the ongoing housing and homelessness issues the government has a responsibility to address. We have indicated we will review our own positions on housing and homelessness but are committed to the development of a national housing strategy to rebalance our housing system which continues to fail to adequately meet
Adrian Pisarski National Shelter Spokesperson says,
‘The tax cuts offered by the government may add $5.00 to the budgets of people on incomes up to $708 per week. But $5 a week won’t dent the rent. Even $20 a week for incomes of $919 per week doesn’t help that much against often rising rents of $400 or $500 a week that many on those incomes face.’