An Australian Council of Social Service (ACOSS) survey has shown that 96 percent of those on Centrelink payments say they are struggling harder under the lockdowns. Most have had no government assistance this year. As the gap between income and the cost of housing continues to widen, a worrying 41.5 percent say they are at risk of homelessness. Continue reading Centrelink payments must rise to avoid a looming poverty crisis→
According to the Reserve Bank of Australia. Australian house prices are set to continue rising and are expected to go up by 10 percent this year. February recorded the biggest price rise for a moth in the last 17 years. Continue reading Measures to bring down the cost of housing are needed→
Speculation about the future of Australia’s housing market is gathering a head steam. Financial analysts and commentators are arguing about whether it is going to go down with a whimper or crash. The truth of the matter is that the outcome is not entirely predictable. Continue reading Is there going to be a housing crash or not?→