National Shelter, Bendigo Bank, the Brotherhood of St Laurence, and SGS Economics and Planning will be releasing the Rental Affordability Index (RAI) in December 2020.
The RAI is a price index for housing rental markets, and it is an easy to understand indicator of rental affordability relative to household incomes and is applied to geographic areas across Australia.
The RAI profiles ten different low to moderate income household types to demonstrate the rental situation for different income groups, age demographics and household compositions in Australia. The selected households, listed below, range from those dependent on income support through to dual income couples:
- Single pensioner.
- Pensioner couple.
- Single person on Newstart (JobSeeker).
- Single part-time worker parent on benefits.
- Single working parent.
- Single income couple with children.
- Dual income couple with children.
- Student sharehouse.
- Minimum wage couple.
- Hospitality worker.
Impact on You
Shelter WA would love to bring the impact of rental affordability to life and is seeking people who rent that identify with the above-mentioned households to share their story.
The stories of the rental issues facing people will bring to life the RAI data highlighting rental affordability in Western Australia.
If you would like to share your story please contact Klaudia Shenton here or (08) 9325 6660 by Friday, 13 November 2020. Please note that your story can be de-identified and remain confidential. Access last years Rental Affordability Index here.