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capital cities

Startling proof Australia is totally stuffed

Just about everywhere you look, there are worsening signs that Australia is no longer the lucky country.From record-high rents to skyrocketing mortgages, a cost-of-living crisis to the alarming emergence of a ‘working poor’ population, the…

More rental pain as vacancy rates fall

Prospective rental tenants across the country face even tougher conditions after the national vacancy rate dropped to its lowest level on record.The vacancy rate slumped to 1.02 per cent in October marking a 0.6 percentage point slide from…

Trend first-home buyers are ignoring

First-home buyers have defied odds with new figures showing more took out mortgages in September despite the cost of living crunch. Monthly new loan commitments for first-home owner-occupiers jumped 1.4 per cent over the month to $4.6bn,…

Rent listings fall to record annual low

Australia’s rental shortage has continued to worsen with the total number of listings falling to a record annual low, a new report has revealed.Released on Monday, new analysis from PropTrack has found the number of new rental listings fell…

Big reason Aussies are fleeing cities

One-fifth of Australians in major cities are contemplating a move to the regions as the cost of living crisis worsens. Those who are considering the big move from the city to the country blame the cost of living in urban centres, high…

Major reason behind state’s mass exodus

Have you been staving off thoughts of packing up life in the city and going rural because the cost of living is getting ridiculous? You’re not alone.According to a recent study commissioned by the Regional Australia Institute, one in five…