Off the wire
• China treasury bond futures open mixed Thursday  • China Hushen 300 index futures open mixed Thursday  • Foreign exchange rates in Cambodia  • Australian television network set to offer Mandarin Chinese channel  • Over 150 injured in teachers' protest in Brazil  • China stocks open higher Thursday  • Myanmar defense chief stresses cooperation of ASEAN medical corps  • Hong Kong stocks open lower  • Foreign exchange rates in Philippines  • Commentary: S. Korea's painful history must never be allowed to be repeated by Abe's Japan  
You are here: 　 Home

Australians struggling to pay the rent

Xinhua, April 30, 2015 Adjust font size:

Australia may be a wealthy nation but people are increasingly finding it hard to pay rent to their landlords.

Church group Anglicare Australia released figures on Thursday indicating low-income earners were finding it increasingly difficult to pay rent for homes.

Australia is increasingly experiencing a skyrocketing property boom which is making the rental market, traditionally controlled by smaller investors, more difficult to enter.

The organization's annual Rental Affordability Snapshot released on Thursday showed a severe shortage of affordable rental housing with low income Australians being affected the most. Endi