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News Wire / economy

Australia Rental Affordability Hits Record Low

ABC NewsRadio AU Melbourne 13d Impact 5
New data indicates that rental affordability in Australia has reached a critical low for low-income earners. A snapshot of nearly 49,000 listings revealed that only one rental nationwide was considered affordable for an individual on Jobseeker payments.

Topics

housing rental crisis affordability

Developing

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Sources · 7 independent

ABC NewsRadio AU

“Australia's rental crisis has hit rock bottom with new data showing affordability has all but vanished for people on the lowest incomes. A snapshot of nearly 49,000 listings found just one rental nationwide was affordable for someone on Jobseeker and not.”

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