Renters now outnumber homeowners in the inner suburbs of Newcastle, with 52% – or 2500 people - in the suburbs of Newcastle, The Hill, Newcastle West and Cooks Hill now renting.
Renting an average house in Coogee now costs more than an average full time salary, despite having one of the highest rates of renters in NSW, with 53% of households renting, according to recent census data.Read more
Renters must fight back against dodgy landlords who strip them of their bond money with bogus claims of damage and repairs, consumer groups and tenants rights advocates have urged.
“Bond theft” is costing tenants hundreds of thousands of dollars a year, they believe.Read more
Talk about skin in the game: Australia's 225 federal politicians have $370 million tied up in the property market.
And that's a conservative estimate based on the assumption that each of their 561 declared properties is worth the average Australian dwelling price of $656,800.Read more
NSW Greens spokesperson for Housing Jenny Leong MP says that the NSW Government must consider the needs of the growing number of tenants facing lifelong renting as they address the housing affordability crisis.
“The reason that affordable housing is so essential is that it provides people on moderate incomes with a safe and secure place to live. That security should also be extended to renters and there’s a simple and immediate way to do that – by ending ‘no grounds’ evictions,” says Ms Leong.Read more
Philippa*, 35, pays more than $800 a week for a two-bedroom Redfern terrace. But despite paying a substantial sum she is refusing to call the property manager to undertake much-needed repairs.
The reason? She’s scared she’ll get evicted now that her 12-month lease has turned periodic.Read more
Commonwealth Assistant Minister to the Treasurer Michael Sukkar, who has been tasked with finding solutions to Australia's housing affordability crisis, recently told young people that the first step to being able to buy a home is to "get a highly paid job".
In the same week, his Government supported calls to cut penalty rates for workers.Read more
"Affordability, that's what we've got on offer here today," announces the auctioneer of a two-bedroom flat 12 kilometres from the CBD with a guide price of $650,000.
"For those entering the market, and for investors, it ticks all the boxes," he continues, opening a frenzied bidding session that doesn't stop until $780,000.Read more
In response to the “Unsettled: Life in Australia's private rental market” report released today, NSW Greens spokesperson on Housing Jenny Leong MP gave notice of a motion (text and video below) in the NSW Parliament calling for an end to ‘no grounds’ evictions in the state.
The report, a national study co-authored by Australian consumer advocacy group CHOICE, the National Association of Tenants' Organisations and National Shelter, shows that tenants across Australia are living in a climate of fear, due to insecurity around their tenure.Read more