Essential Workers Struggle as Rental Market Becomes Unaffordable
A new report reveals that over 96% of rental properties in Australia are beyond the reach of full-time essential workers.
- Anglicare Australia's report highlights that less than 4% of rentals are affordable for essential workers on a single income.
- Hospitality workers face the greatest challenge, with only 0.8% of rentals within their financial means.
- Healthcare professionals like nurses and aged care workers are severely impacted, with only 1.4% and 1.5% of rentals affordable, respectively.
- The report calls for an increase in social housing and tax reforms to address the housing crisis.
- Rising rental costs and stagnant wages contribute to significant rental stress among essential workers, pushing them out of their communities.