Here’s who is being hit hardest by Australia's rental crisis
-
Loading... - Lily Williams
- 12 Apr 2023
- 73 Views
- 0 Like
- 0 Comment
Workers in the hospitality, health care, postal and freight sectors are facing serious financial stress to keep up with rising rents, a new report has found.
Essential aged care, child care, hospitality, postal and freight workers are being priced out of the rental market across Australia with the average employee forced to spend around two thirds of their income on housing.
Since March 2020, workers on award wages had lost an average of six hours from their weekly income to rent increases, according to a new report produced by the Everybody's Home campaign.
This amounts to 37 days worth of wages every year, but child care, hospitality and meat-packing workers are losing at least 40 days wort
The report found nurses, cleaners, aged care and postal workers were among those hit hardest by the rental crisis, spending most of their pay on housing costs.
Findings showed rising rents meant essential workers in single households were likely to be in serious financial stress, while those in coupled homes were probably financially dependent on their partner's income.
Based on the average cost of rentals in capital cities, the report found full-time workers on the lowest award wage would be left with around $20 a day after paying rent.
Meat packers and hospitality staff in capital cities are spending more than 80 per cent of their earnings just on rent.
Queensland has become one of the least affordable states for renters with the highest paid essential workers spending at least half of their incomes on rent. Read More..
