‘Keeps me up at night’: rental rupture laid bare
Rising rents and falling real wages have squeezed young Australians, who find themselves no better off than previous generations.
Rising rents and falling real wages have squeezed young Australians, who find themselves no better off than previous generations.
The average renter is spending a third of household income on keeping a roof over their head, and the situation is worse for the poorest Australians.
Coalition blasts tax changes and says 'economy is flatlining', while One Nation believes 'people have had a gutful'.
Economist suggests 'If more homes go to owner-occupiers, fewer remain available to rent'.
Anthony Albanese has not revealed whether carve outs for businesses are on the table for controversial tax changes from the federal budget.
Treasurer in talks with businesses which may allow startups to keep their 50 per cent capital gains rate.
Auction clearance rates have hit a five-year low, and the percentages are the lowest Australia has had in five years.
Tony Abbott has spoken out against other conservative parties, but his vocal nature could cause trouble for Opposition Leader Angus Taylor.
Finance analysts predict the government's negative gearing and CGT changes to invoke a drop in house prices next year.
Rising living costs and interest rates are hurting housing sales, with a sharp downturn in loans and investor lending.