Three in four can’t afford $20 rent rise
Three in four Australians say a $20 weekly rise in rent or mortgage would force them to cut back, according to an Everybody’s Home survey of 1,150 people. Of those, 41 per cent said they could not afford it or would need to cut essentials such as food, medication or bills. Many respondents also said they had delayed major life decisions, including saving for retirement. Everybody’s Home has called for minimum standards for rental homes, limits on unfair rent increases and more public and community housing.