The withdrawal of the JobSeeker supplement has left lower-income renting households worse off than before the pandemic, with regional rental affordability made even worse by migrants from city areas, the latest Rental Affordability Index shows.
The annual report, based on private rental market data over the year to June, shows Hobart remains the least affordable city to rent in Australia, with the average household (on a gross annual income of $67,900) paying 34 per cent of that to secure a roof.
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Michael Bleby covers commercial and residential property, with a focus on housing and finance, construction, design & architecture. He also dabbles in the business of sport. Michael is based in Melbourne. Connect with Michael on Twitter. Email Michael at mbleby@afr.com
