THE nationwide housing shortage could fuel a new round of illegal rent auctions, Australia’s peak home building industry organisation has warned. more
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ASK any tenant and they will tell you rents are soaring. But landlords are also suffering with rental returns at their lowest in a decade. more
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The Government has launched its National Rental Affordability Scheme, aiming to increase the supply of affordable rental houses.
Property developers will receive about $623 million over four years.
But struggling families suffering from rental stress are still concerned, because it could be a year before they see the benefits.
Meanwhile, CBA’s boss Ralph Norris has failed to promise [...]
It could be at least a year before struggling families benefit from a federal government scheme to ease soaring rental costs.
But welfare and housing groups say it is a much-needed step in the right direction to help low-income households which are being “hammered” by big rent increases. read more
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Rents have jumped by as much as 25 per cent in the past year as a result of higher mortgage rates and a weak building sector, a new report shows.
The Australian Property Monitors (APM) June quarter rental survey shows double-digit rent increases in most of the major cities in the past 12 months, with the [...]
It is a wet afternoon at the Fairfield West Caravan Park in suburban Sydney and 20-year-old Nathan de Battista is dodging wintry showers to buy cigarettes.
His home for the past two months has been a modest caravan.
Nathan, who is an assistant manager at a large company, is not here by choice but is a victim [...]
Consumer Affairs Victoria has received several complaints about online scams in which potential renters are asked to send money overseas to secure a place to live.
Consumer Affairs Minister Tony Robinson said the supposed landlords gave detailed descriptions of a property for rent and a story explaining their absence.
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Sunshine Coast renters will inevitably foot the bill for council rate hikes as the extra costs are passed on by landlords.
That’s the grim news from Real Estate Institute of Queensland Sunshine Coast president Jean Hamer, who said the extra price tag of $103 to $169 each from August would gradually and inevitably be lumped on [...]
FORGET mortgage stress; rental stress is set to become an even more crippling financial malady over the next three years with rents to soar by 30 per cent.
According to new research conducted by BIS Shrapnel, the cost of renting in most Australian cities is predicted to rise much more than the cost of buying property [...]
