One group of young Australians is spending up to 94 per cent of their income on rent alone, with two conditions in two capital cities getting worse.
Young income support recipients in Perth and Brisbane are worse off than a year ago despite support payments increasing in last year’s federal budget, analysis by Homelessness Australia shows.
“Right when they need stability to take their first steps in employment or further education they are pushed into poverty, resulting in social exclusion, mental illness and lost lifetime productivity,” Ms Colvin said. Ms Colvin said increasing youth allowance and rent assistance was not an act of charity, but a “hard-headed investment in young people’s future and the nation’s productivity”.
Comparing the support payments a 16-17-year-old is entitled to, with renting a room in an average two bedroom home, the figures show it’s gotten tougher for them to find a home in Perth and Brisbane, in particular. Melbourne and Darwin young renters – with their $385.70/week income – are marginally better off now than a year ago. Hobart’s relative rental outlay fell 14 points to 60 per cent and Adelaide held steady at 59 per cent.
“As these figures show, the housing system is financially stacked against young renters,” Ms Colvin said.
Young Person Western Australia New South Wales Youth Allowance Housing System Kate Colvin Young People Lower Income Support Oceania Five-Year Action Plans Figures Show Federal Government Support Payments Young Renters Receiving Youth Allowance Australian Institute Of Health And Welfare Youth Homelessness Australia And New Zealand Perth Blair Jackson Bedroom Home Rent Assistance Relative Rental Outlay Australia Sydney Homelessness Plan Young Income
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