Rental hikes limited to once a year to head off housing crisis, Queensland Premier announces
1 year, 8 months ago

Rental hikes limited to once a year to head off housing crisis, Queensland Premier announces

ABC  

Rent hikes will be limited to once a year rather than every six months, Queensland Premier Annastacia Palaszczuk told parliament today ahead of a housing crisis round table. Key points: Queensland's premier says rent hikes will be capped to one a year Tenants Queensland also wants a cap on the amount rent can be increased The state's homelessness has risen by 22 per cent in the past five years, according to a recent report Dozens of housing groups will be hosted at parliament today to discuss ways to increase supply with rental affordability top of the agenda. Mr Dick said land tax would be slashed by 50 per cent for up to 20 years for build-to-rent developments that feature at least 10 per cent of rental homes as affordable housing. Tenants Queensland said the annual rent rise cap was not enough to protect people from the market's "price gauging".

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History of this topic

Government unaware of size of social housing spend, with some projects set to take years
3 months ago

Government unaware of size of social housing spend, with some projects set to take years

ABC  

The federal government does not know how much it is spending on the thousands of social and affordable homes green-lit by its housing agency, with most funding likely to be years away. A Monday announcement that 13,700 new homes would be supported through the government's flagship Housing Australia Future Fund was made before grants were finalised and, in some cases, …

Finding a rental in south-east Queensland is becoming vastly unaffordable but what's the alternative?
6 months, 3 weeks ago

Finding a rental in south-east Queensland is becoming vastly unaffordable but what's the alternative?

ABC  

When the weekly price of a rental Delvean Steadman had been living in for over a decade went up four times in two years, "it felt like the rug was pulled out" from under her. "A lot of the budget allocated for younger Australians is lucky to get them a room in a, let alone a rental dwelling by itself," …

Australia's housing crisis in 10 graphs, from the federal budget
7 months, 1 week ago

Australia's housing crisis in 10 graphs, from the federal budget

ABC  

The Albanese government knows Australia has a housing problem. "Australia's housing system has been unable to build enough new housing stock to keep up with the needs of our population," it warns. Australia's housing supply is low by international standards The government has pointed out that Australia has fewer dwellings per 1,000 people than the OECD average. Supply shortages contribute …

Queensland family-of-eight are forced to live in a tent after rental crisis pushes them onto the streets
7 months, 4 weeks ago

Queensland family-of-eight are forced to live in a tent after rental crisis pushes them onto the streets

Daily Mail  

A young Queensland family-of-eight has been forced to live in a tent for more than six months as they struggle to find a home amid the worsening rental crisis. A young Queensland family-of-eight has been forced to live in a tent for more than six months as they struggle to find a home amid the worsening rental crisis Their four-year-old …

Why Australia's housing crisis is expected to get even worse - and correcting it could take years
8 months ago

Why Australia's housing crisis is expected to get even worse - and correcting it could take years

Daily Mail  

Australia's housing crisis will get worse before it gets better and the Albanese government is under growing pressure to do more to fix it in next month's budget, a new report says. A backlog of half-built home and stalls on new projects are projected to worsen Australia's housing crisis, experts say The economist wasn't confident the government's goal of building …

The worrying graph that shows Australia is going the wrong way in building the 1.2million new homes it needs to solve the housing crisis
9 months, 1 week ago

The worrying graph that shows Australia is going the wrong way in building the 1.2million new homes it needs to solve the housing crisis

Daily Mail  

A plunge in home approvals has cast severe doubt over the federal government's ambitious plan to build 1.2million homes in five years. Australia's new house approvals are slumping casting severe doubt over the federal government's promise to build 1.2milion homes in five years To meet the Albanese government's targets, 20,000 homes will need to be built every month from July …

Advocacy group calls for 'urgent' action on homelessness rates across NSW, as study finds sharp rise
10 months, 1 week ago

Advocacy group calls for 'urgent' action on homelessness rates across NSW, as study finds sharp rise

ABC  

In short: A government report has found instances of people seeking help for homelessness are on the rise. Services struggle to cope with increase Last year, more people received specialist homelessness services in 58 of the state's 128 local government areas compared to the year before, according to a report by peak body Homelessness NSW. "NSW's housing crisis is putting …

Brisbane leads nation in cost-of-living crisis with highest rent, health and energy hikes
10 months, 3 weeks ago

Brisbane leads nation in cost-of-living crisis with highest rent, health and energy hikes

ABC  

Brisbane is leading the country in the cost-of-living crisis with the highest rent, energy, health and insurance price hikes in the past year, according to a report by the Queensland Council of Social Service. Overall in Queensland, in the last year fuel prices jumped 13.9 per cent and gas and other household fuels surged 12.9 per cent. Housing making up …

Depressing statistic that will have young Sydneysiders wanting to move to Melbourne
11 months, 2 weeks ago

Depressing statistic that will have young Sydneysiders wanting to move to Melbourne

Daily Mail  

Rents continued to grow in every capital city in the last months of 2023, but economists say there could be some relief on the horizon. The latest PropTrack Market Insight report found the median national rent has continued on its meteoric rise, increasing 1.8 per cent over the December quarter to $580 per week. This is an 11.5 per cent …

Median rents for new tenancies in Brisbane jumps 17.4 per cent in 12 months
1 year, 4 months ago

Median rents for new tenancies in Brisbane jumps 17.4 per cent in 12 months

ABC  

The median rent in Brisbane for new tenancies has climbed more than 17 per cent in the past 12 months, making it the biggest jump in a single financial year in a decade. Key points: The median rent for new tenancies in the June quarter in Queensland reached $510 per week The weekly median rent in Brisbane for new tenancies …

High rental growth likely to ease from 2024 as RBA reaches end of interest rate hikes
1 year, 5 months ago

High rental growth likely to ease from 2024 as RBA reaches end of interest rate hikes

ABC  

High rental growth is likely to ease from next year as the Reserve Bank of Australia signals it is near the end of its current interest rate hiking cycle and inflation begins to moderate. Key points: CoreLogic analysis expects rental growth will begin to ease from 2024 as the RBA nears the end of its current monetary tightening cycle It …

Queensland government's social housing build of 485 in past financial year labelled 'disappointing' by advocacy groups
1 year, 5 months ago

Queensland government's social housing build of 485 in past financial year labelled 'disappointing' by advocacy groups

ABC  

The Queensland government has built 485 social homes in the past financial year, a figure social service groups have labelled a "disappointment" and "absolutely insufficient" given current housing needs. "It's really disappointing to see in the face of a housing crisis we are not seeing an increase in the number of social houses built in this state," she said. "We …

The cost-of-living crisis has roots in property but whether you rent or pay a mortgage, there's a dark tunnel ahead
1 year, 9 months ago

The cost-of-living crisis has roots in property but whether you rent or pay a mortgage, there's a dark tunnel ahead

ABC  

If you're a regular consumer of media, you'll likely often be warned of an impending crisis somewhere. Moody's Investors Service stated the obvious this week in a research note: "In February, new home loan borrowers needed an average 30.9 per cent of monthly income to meet monthly mortgage repayments, up from 26.4 per cent in May 2022", when interest rates …

As the rental crisis worsens, people are applying for homes they have not seen, offering more than the asking price
1 year, 10 months ago

As the rental crisis worsens, people are applying for homes they have not seen, offering more than the asking price

ABC  

When Celia McDonald was told her rent was being raised by $150 a week, she knew she had to find a new place. Key points: Low availability and the rising cost of rentals means many are struggling to find housing The owner of a property management company says the rental crisis is the worst he has ever seen Agents cannot …

Tasmania's 'ambitious' target of 10,000 affordable houses within the decade — can it be done?
2 years, 3 months ago

Tasmania's 'ambitious' target of 10,000 affordable houses within the decade — can it be done?

ABC  

Mel has been waiting for social housing for two years — her situation is now desperate. Key points: Mel is one of more than 4,000 people on the waiting list for social housing in Tasmania The Tasmanian government says it plans to build 10,000 "affordable" houses in ten years To meet its target, the current rate of about 200 homes …

NRAS tenants face rising rents as affordable rental scheme winds down
2 years, 4 months ago

NRAS tenants face rising rents as affordable rental scheme winds down

ABC  

Thousands of low-income renters are facing burgeoning rents as the National Rental Affordability Scheme winds up, even as the federal government launches a suite of housing policies to tackle Australia's housing crisis. Key points: More Queenslanders will move into the rental market as a national affordability scheme ends NRAS will be replaced by 30,000 affordable houses built over five years …

Queensland families on brink of homelessness as calls grow for action to address housing crisis
2 years, 6 months ago

Queensland families on brink of homelessness as calls grow for action to address housing crisis

ABC  

Single mum Cheyenne Stephensen is days away from being homeless with her two young children. Key points: There have been calls for an increase in social housing funding ahead of the budget on Tuesday The state government has built only 326 new social homes this financial year Council of Social Service CEO Aimee McVeigh said state funding had failed to …

Rising rents across regional NSW fuels homelessness and worker shortages
2 years, 10 months ago

Rising rents across regional NSW fuels homelessness and worker shortages

ABC  

When Garry Wallis clocks off from work as a carer he doesn't drive home. "There are five or six people here of a morning all with their windows fogged up," Mr Wallis says. NSW Community Industry Housing Association chair Michele Adair says the investment is not enough to address the 50,000 households currently sitting on the social housing waitlist. "The …

Is it possible to be content renting long-term? This is what Australia can learn from housing around the world
3 years ago

Is it possible to be content renting long-term? This is what Australia can learn from housing around the world

ABC  

Gloria Biberger has been renting the same apartment in Berlin's lively Kreuzberg neighbourhood for 11 years. "We haven't had a national coordinated housing policy in Australia since 1992," said Swinburne University professor of housing policy Wendy Stone. "A tenant can challenge a rent increase if it's excessive to the general market level of rents, but if the general market level …

Queensland's housing crisis creating 'perfect storm' for vulnerable women
3 years ago

Queensland's housing crisis creating 'perfect storm' for vulnerable women

ABC  

Domestic violence support groups have warned that Christmas will be a difficult time for Queensland's vulnerable women and children as low vacancy rates could force women back into unsafe situations. Key points: Rental vacancy rates remain at an all-time low in some areas of regional Queensland The rental crisis is forcing many women to return to violent homes and is …

Thousands of Queenslanders waiting for public housing amid 'crisis'
3 years, 3 months ago

Thousands of Queenslanders waiting for public housing amid 'crisis'

ABC  

More than 2,000 households were added to the social housing register in Queensland last financial year, though demand is stabilising according to the state government. "Given the impact of COVID-19 on the housing market right across the state, it is not unexpected to see an increase in people seeking support through the Housing Register," said Housing Minister Leeanne Enoch. "This …

'Extravagant' rental prices push more renters into temporary accommodation, accelerating homelessness
3 years, 5 months ago

'Extravagant' rental prices push more renters into temporary accommodation, accelerating homelessness

ABC  

New data shows rental house prices have dramatically increased in regional NSW over the past year, forcing more people out of the market and into temporary accommodation. Key points: Domain data shows house rental prices across regional NSW have drastically increased in the past year Local charities are having to foot the bill to help people struggling to find a …

Queensland's housing 'crisis' requires $4.1b, social services tell state government
3 years, 7 months ago

Queensland's housing 'crisis' requires $4.1b, social services tell state government

ABC  

Housing and support organisations have jointly launched a pre-budget campaign urging the Queensland government to commit $4.1 billion to urgently build more social housing. Key points: QCOSS estimates 14,700 Queensland families are in very high need for housing The St Vincent de Paul Society says there is an unprecedented housing crisis Anglicare says housing pressure is increasing across central Queensland …

Fears Australia's housing crisis will worsen as affordable rental scheme winds down
3 years, 7 months ago

Fears Australia's housing crisis will worsen as affordable rental scheme winds down

ABC  

Thousands of low-income renters across the country are facing eviction or higher rents as government subsidies come to an end. Key points: The NRAS scheme was launched in 2008 to create more affordable housing Low-income tenants are paying rent around 20 per cent below market rate Advocacy groups warn tenants could struggle when their homes leave the scheme between now …

Queensland renters paying above asking price to secure housing in competitive market
3 years, 11 months ago

Queensland renters paying above asking price to secure housing in competitive market

ABC  

Families looking for rental properties in Greater Brisbane are facing intense competition in the tightest market in 10 years, with prospective tenants offering above the asking price just to secure a place. Key points: Rental markets in most of Queensland, including regional areas, are extremely competitive The greatest demand is for standalone houses, rather than units It is not uncommon …

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