Horror graph shows the real reason for Australia's housing crisis. Population boom putting pressure on rental market Australia added 454,300 net overseas ... This marked an increase of 5.2 per ...

$1.9 billion to increase the maximum rates of Commonwealth Rent Assistance by a further 10 per cent to alleviate rental stress (over five years from 2023-24). This will have an ongoing cost.

As the graph shows, third-generation controls are less about suppressing growth over time than protecting incumbent tenants from ... Australia’s recent rent increases have been exceptional.

Tenants endured the biggest-ever rent increases last year, ... Here’s how much rent costs in Australia’s most expensive and affordable suburbs. ... This graph breaks down rental data for houses.

Unfortunately, in Australia, there is no legislation regarding how much rent can be increased. And, if you are at the end of a contract, the landlord has more flexibility to increase the amount ...

Rent prices across Australia are no longer rising at break-neck speed, with new data revealing affordability issues and a rise in the supply of rentals hitting the market have produced the weakest ...

Suburban housing in Hobart, the Tasmanian capital, Australia. [Photo by Graeme Bartlett / CC BY-SA 3.0] ... The rental increases are affecting a broad range of the population.

Rental affordability in Australia at worst level in nine years, report finds The median rental price in regional areas has increased year on year by 8.7 per cent for houses and 6.5 per cent for units.

Pennycott said about 33 per cent of people asking for advice had been given a rent increase between $50 and $100 per week, while about 28 per cent were querying increases over $100 per week.

This Chart Explains Why Economists Think Inflation Is Destined To Fall. By. Diccon Hyatt. Full Bio. ... Now, the same is true for the cooling trend of rent increases since 2022, ...