Renters across the globe are in a bad spot as housing has become unaffordable. The situation is particularly bad in Australia where rentals have reached a high not seen since 2009. As of March, the average rental was A$600 per week, surpassing the mid-2018 high of A$550. The is not enough supply to meet demand.
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A leading think-tank has accused the industry super sector of ‘juicing up’ modelling to support claims Australians will be worse off under the super for housing policy.
The national economist told Waleed Aly that s why you re a TV presenter when he surprisingly supported Scott Morrison s last ditch attempt to win over young voters.
Superannuation Minister Jane Hume has admitted that inflated house prices will rise further for a period of time due to the government s Super Home Buyer scheme.