Private Rental
The 'housing story': An Australian Perspective
The traditional ‘housing story’ narrative has become increasingly out of step with an Australia where it has become more and more difficult topretend that the housing status quo is delivered for all.
2019
Rental Housing for an Ageing Population
In our latest Inquiry, we have turned our attention to rental housing for older people, both now and in the decades to come. We wanted to find out how many homes for rent are likely to be needed over the next 20 years or so, what they should be like and who might provide them.
Today only 22% of those over 65 are tenants (private or social). But this will change.
2019
Themes:
Housing America's Older Adults 2019
Within the US, the 65+ age group, most recent income gains have gone to the highest earners, and the number of households with housing cost burdens has reached an all-time high.
2019
Housing Crisis: Young People Pushing Older Women Into Homelessness
Older women are Australia's fastest growing group of homeless people and the lack of affordable housing is a major factor in the rapid increase.
The number of homeless women over 55 has increased by a whopping 31 percent since 2011. Other demographics of homeless people have increased by just 14 percent since then.
2019
Housing costs 'crippling' for senior Australians
Two thirds of Australian women renters over 55, would find a rent increase more difficult to afford compared to the rest of the population. Australian Bureau of Statistics shows that women over 55 are the fastest growing cohort of people experiencing homelessness.
The number of this cohort living alone is very high compared with the rest of the population.
2019
‘I really have thought this can’t go on’: loneliness looms for rising numbers of older private renters
Loneliness is increasingly recognised worldwide as a critical social issue and one of the major health hazards of our time. Our research shows older private renters are at high risk of loneliness and anxiety. This is a growing concern as more Australians are renting housing later in life.
2019
Themes:
We’re delaying major life events, and our retirement income system hasn’t caught up
An article looking at the need to conduct an independent review of Australia’s retirement income system, in view of the fact that old age Australian renters have some of the worst relative poverty rates in the OECD.
2019
Vulnerable Private Renters: Evidence and Options
Australia’s private rental market has worked well for most people, most of the time.
However, this masks a deterioration in overall housing affordability for vulnerable renters. With vulnerable renters — those who are experiencing social and economic disadvantage — the story is more nuanced.
2019
Themes:
Rental Affordability Index 2019
Rental affordability for single pensioners is alarmingly poor. Across
the nation, the single pensioner household is facing Severely
Unaffordable and Extremely Unaffordable rents.
2019
Themes:
Delivering equity: A new deal for pensioners who rent
This report is the third in KPMG’s series on workforce discrimination against women. It makes public policy suggestions to support an especially disadvantaged group in which women are over‑represented — those over 50 years of age who are renting privately.
2019
Themes:
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"There is nothing like staying at home for real comfort."