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SGS Economics and Planning rental affordability report image

Low-income households under extreme rental stress nationwide; many renters worse off than before COVID-19 pandemic, shows report

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Housing

The Rental Affordability Index (RAI) 2021 exposes the increasing unaffordability of rental properties across Australia for lower-income households and shows that many renters are worse off than before the COVID-19 pandemic. There is currently no affordable rental housing in Australia for single pensioners, pensioner couples, people on JobSeeker, and single part-time working parents also on benefits, apart from in regional South Australia. Rental prices continue to soar across the regions...