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Rental market at ‘fever pitch’ as 6600 homes exit affordability scheme

Posted on July 24, 2023 by paul
Rental market at ‘fever pitch’ as 6600 homes exit affordability scheme

Housing organisations are worried that without further action from the government, more Australians will be thrown into homelessness as the private rental market remains drum-tight and waitlists for social housing balloon.

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Thousands of affordable homes on chopping block in 2023

Posted on July 24, 2023 by paul
Thousands of affordable homes on chopping block in 2023

More than 6600 properties will be scrapped from the National Rental Affordability Scheme (NRAS) across the country this year, with Queensland losing 2499, Victoria, 1356, Western Australia, 1110, South Australia, 806, and New South Wales, 605.

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Essential workers being priced out of affordable rentals across Australia, new report finds

Posted on July 24, 2023 by paul
Essential workers being priced out of affordable rentals across Australia, new report finds

Fresh analysis has exposed a major problem affecting early childhood educators, nurses and other essential workers right across Australia amid an ongoing crisis.

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Darwin’s essential workers spend around half their income on rent, Priced Out report says

Posted on July 24, 2023 by paul
Darwin’s essential workers spend around half their income on rent, Priced Out report says

Priced Out, a new report from the Everybody’s Home campaign, has revealed essential workers in Darwin are spending between 46 and 64 per cent of their income on rent.

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NSW homeless services turned away 589 children in a year, report finds

Posted on July 24, 2023 by paul
NSW homeless services turned away 589 children in a year, report finds

State ombudsman criticises government’s lack of knowledge about unaccompanied homeless children, failure to improve monitoring

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Rental crisis forcing people into homelessness and living in their cars

Posted on July 24, 2023 by paul
Rental crisis forcing people into homelessness and living in their cars

Australia’s rental crisis is forcing more and more people into homelessness and extreme measures to put a roof over the head.

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The idea of homeownership fading amid housing crisis

Posted on July 24, 2023 by paul
The idea of homeownership fading amid housing crisis

Housing analyst Michael Fortheringham says younger households are much less attached to the Australian dream of owning a home.

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Ten charts that explain the rental crisis in Australia

Posted on July 24, 2023July 24, 2023 by paul
Ten charts that explain the rental crisis in Australia

Australian renters are battling an unholy trinity of soaring prices, increased competition for places and a broken housing market that limits supply and prioritises investor landlords.

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