Wednesday, 4 October 2023

Australia news live: AFL legend Adam Goodes backs yes vote; evacuation warnings over Gippsland floods

Former Sydney Swans champion says he is a ‘passionate’ backer of the voice as bushfires have been replaced by floods in eastern Victoria. Follow the day’s news live

Rents are still going up but are starting to find a ceiling as tenant budgets can be stretched no further, Australian Associated Press reports.

National rents as tracked by the property data firm CoreLogic lifted 1.6% in the three months to September, down from a 2.2% jump in the June quarter.

With the rising cost of living adding additional pressure on renter’s balance sheets, it is likely tenants have hit an affordability ceiling, seeking to grow their households to share the growing rental burden.

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from World news | The Guardian https://ift.tt/qe8cnLH

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