ICON Water’s managing director John Knox has been announced as the new CEO of ActewAGL. Mr Knox who is also a board member of the ActewAGL joint venture board and the deputy chair of the […]
ANGLICARE’S annual Rental Affordability Snapshot shows Canberra’s housing affordability crisis looks set to continue with low income earners, young people and single parents the hardest hit.
In its seventh year, the snapshot surveyed 1329 properties advertised for rent in the Canberra region on Friday 1 April in terms of affordability (up to 30 per cent of disposable income) and appropriateness to accommodate the required number of people.
The survey found there was no affordable and suitable property for anyone surviving on the Newstart or Youth allowance. For a single parent with one or more children, not one flat or townhouse was affordable and appropriate.
Anglicare Chief Executive, Jeremy Halcrow, said the ongoing undersupply of affordable rentals in the nation’s capital was cause for major concern.
“It’s tragic to see that those most vulnerable in our community – single parents and their children, those with disabilities and young people – can’t find proper housing right here in our nation’s capital. Our work with individuals and families across the community highlights the importance of a safe and affordable home for helping to ensure emotional and physical well-being,” Jeremy said.
“Investment in affordable housing is key infrastructure should be prioritised just the same as rail, schools or hospitals.”
Comparing 2015 data to 2016, there is some good news for singles on a minimum wage with 91 properties available – a significant improvement on previous years.
Families on a dual minimum wage had 81 rental options, while single parents earning a minimum wage income had no suitable options.