Renters are being forced to suffer through icy temperatures as already limited housing stock fails to come close to the insulation standard. The cost of living crisis is hurting renters on multiple fronts, with landlords hiking rents to pay down soaring interest rates and energy prices only set to riseContinue Reading
One woman’s Kmart hack has gone viral, but instead of receiving praise for her genius idea, she’s faced hundreds of outraged comments. She took to the Kmart Hacks and Decor Facebook page to share a “hack” she’d come up with to replace the stove in her rental. “Our landlord won’tContinue Reading
In his appearance before the Senate estimates committee earlier this week, RBA Governor Philip Lowe was repeatedly quizzed on how to take pressure off the housing market, which is currently in the midst of the worst rental crisis in well over a generation. Lowe responded that: “The solution to allContinue Reading
A prominent buyers agent has proposed a controversial solution to Australia’s rental crisis, arguing a boost in foreign investors could cure the nation’s unhealthy property market. Wealth Through Property founder Scott Levoune says it’s time to debunk the critical stereotypes associated with international buyers and to start welcoming them asContinue Reading
It sounds like a renting nightmare but for one woman it was her reality for eight long months, trapped in a toxic battle with her landlord. The landlord at times literally blocked her from entering her own backyard in Silverdale, Sydney’s south west, as he worked fastidiously on it —Continue Reading
Top rental and welfare advocacy bodies have warned the government that proposed legislation to end rent bidding will have the opposite effect and potentially increase prices and exacerbate renter pain. This comes after the NSW government attempted to enact its first tranche of rental reforms aimed at stamping out rentalContinue Reading
Amid rising inflationary pressures, the Reserve Bank of Australia (RBA) finds itself at another juncture, contemplating the possibility of not one, but two additional cash rate increases in the coming months. According to leading economic research firm Capital Economics, the RBA may need to wield its monetary policy tools moreContinue Reading
It is not unusual to see a sticker or 10 plastered on street poles, but one that popped up in Melbourne has caused a big stir for calling out a major problem that is crippling Australians. The small sticker, which was spotted on a traffic light in Melbourne, takes aimContinue Reading
A young Sydney woman who became the face of Australia’s housing crisis has revealed the “interesting” outcome after she challenged a whopping $1400-per-month rent increase earlier this year. Chantelle Schmidt, 32, who lives in Redfern in inner Sydney, received a notice that her rent would jump by a staggering $350Continue Reading
The Albanese government has slammed Liberals and Greens for “grandstanding” during the housing crisis, having now assisted more than 50,000 Australians into home ownership. Housing Minister Julie Collins said “this is just the beginning”. “We’ve got construction underway on affordable rental homes across the country, and concrete plans on buildingContinue Reading