Apartment rents now cost more than half a typical single worker’s take-home pay in all Australian capital cities, report finds
Advocacy group warns of widespread housing stress as rents rise Get our breaking news email , free app or daily news podcast Renting a unit in any of Australia’s capital cities now costs a typical single worker most of their take-home pay, spurring advocates to urge Labor to offer renters more protections.
New modelling shows someone earning $70,000 – close to the median annual income – would have to spend two-thirds of their earnings to rent the median Sydney apartment.
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5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on www.theguardian.com — the content belongs to The Guardian Australia - Australia News.
