Worst places to rent in Australia, as prices rise over $300 per week for rents

Rents continue to skyrocket, with some cities seeing costs rising as high as $350 more per week

Tenth consecutive rate rise brings official cash rate to 3.6%

RBA Governor Phillip Lowe says it will be “some time” before inflation is back to target rates

Thousands of affordable Australian homes to be wiped from existence, and rental prices stagnate

Housing affordability balances on a knife edge as rental prices slow but an affordable rental scheme is set to wrap up in 2026, with over 6,000 homes to come off the scheme this year alone

What is happening with the Australian Rental Market in 2022?

Brisbane, Hobart and Sydney are the least affordable rental markets, according to the recent Rental Affordability Index

41.7% of households under mortgage stress

Australian household debt is 185% of GDP

Safe housing overlooked in Women’s Safety Summit

Various NFPs are calling for action

Social housing shortfall 200K by 2031, report warns

Calls for the federal government to intervene

Social housing stock up, but not enough

Calls for more social housing continue

Only 1% of rental listings affordable for minimum wage workers

Comes amid warnings more Australians will be left behind

Calls for a social housing HomeBuilder

Comes as the original program ended last month

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