Tag: income

Interest rate update: RBA holds rates at June meeting

The cash rate for March 2020 has been announced by the Reserve Bank of Australia following its regularly scheduled monthly board meeting.

Nearly 60% of Australian renters adversely affected by COVID-19

The majority of renters in Australia are finding it harder to pay the rent due to COVID-19, a survey conducted by Australia’s leading rental property website Rent.com.au, has revealed.

Housing costs are actually the same as in 1993, but renters...

Even though house prices have risen substantially over recent decades, housing costs as a share of income have barely shifted in over 20 years....

Who can rent an NRAS property?

In Australia, National Rental Affordability Scheme (NRAS) rental properties are available for low and moderate income households - people who may find it hard...

Understanding the National Rental Affordability Scheme

National Rental Affordability Scheme (NRAS or the Scheme) housing provides people on a moderate income with an opportunity to rent homes at a rate...

In search of the world’s best city for renters

New York is famously expensive. And so is Sydney. But is this just an outside perception or the sad reality? US-based internet listing service, RENTCafé...