The annual National Shelter-SGS Economics and Planning Rental Affordability Index will go live on Tuesday 14 November, with confronting trends for Queensland.
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WHEN: Wednesday, November 15, 1pm WHERE:Riverbar and Kitchen Riparian Plaza Promenade Level 71 Eagle Street Brisbane City WHAT: An innovative, intuitive and free app - Saveful will give Australians the power to put more food on the table and waste less saving households between $2,000-$3,000 each year. Saveful launches as80% of Australians say they are feeling the pinch of rising living costs and are looking for ways to save but are throwing away 1-in-5 bags of groceries they purchase. Chef and farmer, Matt Moran, Thankful CEO, Kim McDonnell and Minister Linard will launch the app with a rangeof producers, retailers,…
Regional Queensland is now the most unaffordable place in Australia to rent a home, with low-income households bearing the brunt of the crisis, according to the annual National Shelter-SGS Economics and Planning Rental Affordability Index. The index - which cross references median rents with average incomes - shows that affordability in Queensland excluding Greater Brisbane has dropped seven per cent in the past year. For the first time ever, the median regional Qld rental at $553 a week now costs 30 per cent of the average annual rental household income of $96,033, up from $493 and 29 per cent last…
Rental affordability in Greater Brisbane has plunged to its lowest ever level with people on low incomes bearing the brunt of the crisis, according to the annual National Shelter-SGS Economics and Planning Rental Affordability Index. The index - which cross references median rents with average incomes - shows that Greater Brisbane’s affordability has dropped nine per cent in the past year. The median rental costing $553 a week now consumes 28 per cent of the average rental household income of $103,935, up from $483 and 27 per cent last year. Only Sydney and Hobart are more unaffordable than Brisbane among…
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