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Rental affordability in regional Victoria declines to record low

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Rental affordability across regional Victoria has continued to decline, falling to its lowest level on record, according to the 11th annual National Shelter-SGS Economics and Planning Rental Affordability Index.   On average, affordability has declined by 3% across regional Victoria. The average renting household, earning $87,320, now spends 28% of its income on a median … Continued

Adelaide rental affordability stabilises at record low

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  Renting in Adelaide is just as unaffordable as Sydney with even areas on the outskirts of the city now out of reach to average earners, according to the 11th annual National Shelter-SGS Economics and Planning Rental Affordability Index released today.   The Index, which compares rents with incomes, found Adelaide’s affordability has stabilised at a … Continued

ACT rental crisis persists for low-income households, latest Rental Affordability Index shows

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Rent remains unaffordable for many low-income Canberrans, despite headline figures based on average incomes suggesting an overall improvement, according to the 11th annual National Shelter-SGS Economics and Planning Rental Affordability Index.  The study, which compares rents to average incomes, found a modest 4 per cent improvement in overall affordability over the past 12 months, with … Continued

Regional NSW rental affordability declines further, now less affordable than Sydney: new report

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  Regional NSW is no longer a rental affordability escape valve and is now officially less affordable than Sydney with the average rental household spending more than 30% of its income on rent, according to the nation’s most authoritative rental affordability study.   The 11th annual National Shelter-SGS Economics and Planning Rental Affordability Index, which … Continued

Green shoots: marginal improvement in Sydney rental affordability after years of decline

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There are signs of green shoots with Sydney’s rental affordability marginally improving after years of rapid decline, though the city’s West and South West have deteriorated, according to the nation’s most authoritative rental affordability study.   The 11th annual National Shelter-SGS Economics and Planning Rental Affordability Index, which compares rents with incomes, found the average … Continued

***EMBARGOED BRIEFING*** Rental Affordability Index shows worsening Victorian rental crisis

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MEDIA ALERT ***EMBARGOED BRIEFING*** FOR PLANNING PURPOSES Rental Affordability Index shows worsening Victorian rental crisis   A fresh snapshot of rental affordability in Victoria has revealed the rental crisis continues to worsen, reshaping the housing market and making life harder for people on low incomes and key workers.   National Shelter and SGS Economics & … Continued

Delivering HAFF right will change lives, the sector, and the future

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The Albanese Government’s third and largest Housing Australia Future Fund round will be life changing for tens of thousands of Australians by significantly boosting Australia’s social and affordable housing. “Twenty-one thousand new social and affordable homes will transform lives and strengthen communities,” CEO of Australian Community Housing, the national peak body representing more than 100 … Continued

Challenger Gold Executes Mining Contract for Hualilán Toll Milling Phase; First Blast Completed as Project Advances Toward December Mining Start

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Challenger Gold Executes Mining Contract for Hualilán Toll Milling Phase; First Blast Completed as Project Advances Toward December Mining Start Challenger Gold Limited (ASX: CEL) has reached another major milestone at its flagship Hualilán Gold Project in Argentina, executing a 24-month mining services contract with leading local contractor MAPAL Constructions and Mining S.A. and completing … Continued

Patriot Resources Consolidates Land Position Across Copper-Rich Mumbwa District, Zambia

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Patriot Resources Limited (ASX: PAT) has strengthened its strategic footprint in Zambia’s highly prospective Mumbwa district through the acquisition of an 80% interest in the Mirkal (32052HQ-LEL) and Chimban (33587HQ-LEL) Large Scale Exploration Licences. The transaction delivers an immediate uplift in project ownership and consolidates Patriot’s landholding across a region known for producing significant copper … Continued