Property Council of Australia report finds frontline workers are being priced out of the Queensland housing market

But a new report from the Property Council of Australia shows frontline workers are among those most unable to afford to live in Queensland .

A full-time public servant on an average wage of $95,747 a year would need to spend 30 to 50 per cent of their income on renting a home, and between just over 20 to 40 per cent on a unit. "If it's associated with meeting workforce needs you could have residential housing there and it reduces the cost of providing that housing," she said.The Albanese government dedicated a special chapter in its budget to Australia's housing crisis, and it used these graphs to illustrate the problem.Ms Caire is calling on the next Queensland government to establish an inquiry into the impact of the taxation system on the delivery of new homes.

"The price level start coming in would … put a bit of downward pressure at the margin on existing houses.

Source: News Formal (newsformal.com)

Rental Prices Frontline Workers Housing Affordability Qld Queensland Beyond Reach Property Council Of Australia KPMG

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