December 3, 2023
Rental boats are causing chaos on Melbourne’s Yarra River, and rowers have had enough of it. They are calling for changes and oversight into rental boats, fed up with renters’ blatant disregard for river safety rules that is putting other users – especially young rowers – at risk. Their frustration has boiled over after a
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The number of international students studying in Australia could be slashed under a new plan by the Albanese government. The Sunday Telegraph reported that under the proposal, the number of visas will be capped, and students taxed. The number of international students studying in Australia between January and August rose 31 per cent to 725,000,
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A new map has illustrated the depths of Australia’s rental crisis, with many essential workers no longer able to afford rent in any part of the country. Anglicare’s new heat map shows the areas in which essential workers, such as nurses and teachers, are suffering rental stress the most. Nurses can afford only 1.5 per
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After 15 years in the same two-bed property, Lucy is being forced to move because her landlord wants to sell. The business manager, who currently lives in St Albans, has a monthly housing budget of £1,400 and has looked at over 50 rentals in the past few months. (She requests anonymity for fear of stigma;
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by Calculated Risk on 10/31/2023 11:21:00 AM The Census Bureau released the Residential Vacancies and Homeownership report for Q3 2023 today. The results of this survey were significantly distorted by the pandemic in 2020. This report is frequently mentioned by analysts and the media to track household formation, the homeownership rate, and the homeowner and
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Australia’s rental shortage has continued to worsen with the total number of listings falling to a record annual low, a new report has revealed. Released on Monday, new analysis from PropTrack has found the number of new rental listings fell 5.7 per cent in the year to September, as the rate of new builds eases,
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Stay informed with free updates Simply sign up to the Airlines myFT Digest — delivered directly to your inbox. The cost of renting the newest aircraft has surpassed pre-pandemic levels as airlines struggle to balance demand for travel with persistent shortages and manufacturing delays. More than half of the world’s commercial aircraft are owned by
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Victoria is preparing to overhaul its housing policy, including becoming the first Australian state to introduce an Airbnb tax. Premier Daniel Andrews’ planned changes are designed to improve affordability and increase supply, including the public housing sector. A 7.5 per cent levy has been discussed for short-term rentals such as Airbnb locations. Meanwhile, renters would
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More than 70 per cent of rental homes recorded minimum indoor winter temperatures below temperatures recommended by the World Health Organisation (WHO), new research has found. New data from tenancy advocacy organisation Better Renting found 72 per cent of rental properties across the nation recorded temperatures below 18C, the minimum recommended by the peak intergovernmental
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Sky News host Amanda Stoker says the government’s National Housing Accord target pushes for “big corporate landlords” and a life-long rental class. “The National Housing Accord target relies heavily on the super funds and big business investment,” Ms Stoker said. “It represents a shift from the notion of home ownership being something decentralised and in
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