Australians struggling to pay rent will likely miss out on immediate financial assistance from the Albanese government when it delivers its highly anticipated budget on Tuesday evening.
'Not coming out ahead': One group set to miss out in Labor's imminent budget 'any way you slice it', advocate groups say
Treasurer Jim Chalmers will hand down the 2024-2025 Budget from 7:30pm, and he has emphasised the substantial cost-of-living relief Labor will provide for Aussies “doing it tough”. Picture: NCA NewsWire / Jeremy Piper “Asking rents have risen by more than 75 per cent since the start of the pandemic, according to SQM Research,” Ms Azize told news.com.au
Speaking about initiative on Saturday, Housing Minister Julie Collins said the government was working to achieve the “ambitious national target” of 1.2 million new homes built by the end of the decade. She also lambasted the government’s commitment to build 30,000 new social housing dwellings over the next five years.“We’re actually set to lose the same amount of social and affordable housing over the same period because they’re winding up the National Rental Affordability Scheme”.
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