, while leading economists also expect rent prices in Sydney and Melbourne will drop significantly.boosted the JobSeeker allowance by $550 a fortnight to help households through the coronavirus pandemic
In the past 30 days SQM Research's capital city rental price index has recorded a 3.1 per cent decline for houses and a 2.5 per cent drop for apartments."It's very likely to keep falling from here," managing director Louis Christopher said, adding there were 15,000 more rental listings compared to the same time in 2019.He cited the closing of the international border "freezing up" both short and long-term arrivals as the main issue.
Domain economist Trent Wiltshire said there had been a rapid rise in new rental listings in the past month and pointed to more younger workers affected by coronavirus either moving back home with their parents or joining sharehouses.The sudden drop in international students, combined with temporary visa holders who lose work going back overseas, is also behind a rapid rise in listings.
Anglicare executive director Kasy Chambers has urged the government to keep the increase in JobSeeker in future.
Sadly aged disabled carers students are still locked out & then there are the visaholders & millions of casual workers esp TEACHERS & NURSES ! We should all be on a universal basic income ..
Not only affordable the ACT government have gone a step better. Free housing! Just !$%Y^^&$R%
Fucking Sydney
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Rents falling as dole rises to give low-income households reliefThe increase in the JobSeeker allowance is now coinciding with major disruption to the usually tight rental market, giving low-income households their first major relief in over a decade. Why have a picture of what is likely a mid-western American city? Very odd. Lost all your journalists? can I humbly suggest talking to one (1) renter in addition to the merry-go-round of economists
Source: theage - 🏆 8. / 77 Read more »
Rental listings surge, rents head in opposite direction, as thousands of Airbnbs tipped to add to supply - ABC NewsThe major online platforms say rental listings are up 8-10 per cent compared to last year, as thousands of Airbnbs and other short-term rentals are expected to move to the long-term market as coronavirus halts travel.
Source: abcnews - 🏆 5. / 83 Read more »
Rents falling as dole rises to give low-income households reliefThe increase in the JobSeeker allowance is now coinciding with major disruption to the usually tight rental market, giving low-income households their first major relief in over a decade. Why have a picture of what is likely a mid-western American city? Very odd. Lost all your journalists? can I humbly suggest talking to one (1) renter in addition to the merry-go-round of economists
Source: theage - 🏆 8. / 77 Read more »
'Pretty heartless' to strip JobSeeker back, Lambie says as she calls for permanent riseDoubling unemployment benefits for struggling households during the pandemic has led to a groundswell of support for a permanent increase in dole payments. If anyone would know all about being heartless, it's Jacqui Lambie. auspol No one wants this going on to a stigmatising, socially restricting Indue card, that only benefits rich corporates. She would know this
Source: smh - 🏆 6. / 80 Read more »
Mental health services are seeing a drop in usage amid coronavirus, despite increased anxiety - ABC NewsThe Federal Government pleads with Australians to not neglect their mental health, revealing the use of services is actually falling despite a rise in public anxiety and concern over the coronavirus pandemic. CORRECTION : Australians are FORCED to live in 'pressure cookers' living conditions by a powerless puppet federal government which is just following authoritarian orders from repulsive globalist 'deep state', the real & permanent government. THEVEST WAY TO FIX IT IS, OPEN UP THE ECONOMY, INSTEAD OF ACTING LIKE COMRADS, KINGS, MORRISION IS LETTING A BUNCH OF PROFESSORS RUN AUSTRALIA. WRECK EVERYONE'S LIVES, BUSINESS'S, DRS ARE PUTTING IN SCARE CAMPAIGNS, STOP THIS AND LET US WORK, JUST DRS GET A BLOODY VACCINE. DRS ARE NOW PRIME MINISTERS. STOP THIS MADNESS, SCARE TATITICS , AND OPEN THE ECONOMY. BEFORE AUSTRALIA BECOMES TOTALLY BANKRUPT AND WE ARE A THIRD WORLD COUNTRY, OUR KIDS DONT EVEN GO TO SCHOOL IT'S A JOKE.
Source: abcnews - 🏆 5. / 83 Read more »
Stimulus payments having 'profound impact' on households amid coronavirus pandemic - ABC NewsThe Federal Government's stimulus package is supporting Australian households during the coronavirus pandemic, with a surge in unemployment payments more than offsetting the fall in income from job losses, according to the Commonwealth Bank. Not this household, going backwards.. cause one casual job gone and not eligible cause the second job I agreed to be permanent part time so.. backwards for us Sure, for the lucky few who have received the 3% of the promised funds that have been handed out.
Source: abcnews - 🏆 5. / 83 Read more »