The measures in the 2017-18 federal budget targeting the supply of lower-cost rental housing are limited. There are no significant funding increases to social housing and homelessness services. There is no increase in rent assistance to help low-income renters in the private rental market.
We’ve outlined three different scenarios that might happen at the end of your tenancy, and the steps you can take in each scenario to achieve the best possible outcome for you and your landlord.
Australia’s state governments, as well as some ambitious local councils, community housing providers and forward-looking private developers, are finally taking note of the housing affordability crisis in our cities.
Hidden within the coronavirus-devastated tourism market is a related impact: the loss of customers could be financially devastating for small investors who dominate short-term letting platforms such as Airbnb.