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Money Housing stress hitting one in 10 Brisbane residents, HILDA report shows

05:51  01 august  2018
05:51  01 august  2018 Source:   msn.com

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Residents in Brisbane and other urban areas of Queensland are second only to Sydney when it comes to experiencing housing stress , new research shows . One in 10 Brisbane residents were experiencing housing stress in 2016, spending more than 30 per cent of household income on rent or mortgage repayments. In urban areas outside Brisbane , the figure is even higher, coming in at 11.3 per cent. The latest instalment from the Melbourne Institute's study of Household Income and Labour Dynamics ( HILDA ) shows Sydney remains the country's most expensive market

Individuals are experiencing housing stress if their housing costs are more than 30 per cent of household income, and the household is in the bottom 40 per cent of the income distribution. The main housing costs are rent and mortgage repayments, but council rates should in principle also be included. Conclusion. The release of the 2018 HILDA Statistical Report sheds light on a number of social and economic developments. These include stagnating growth in average household income in recent years, a slight improvement in income inequality and a fall in the rate of relative income poverty.


Residents in Brisbane and other urban areas of Queensland are second only to Sydney when it comes to experiencing housing stress, new research shows.

One in 10 Brisbane residents were experiencing housing stress in 2016, spending more than 30 per cent of household income on rent or mortgage repayments.

In urban areas outside Brisbane, the figure is even higher, coming in at 11.3 per cent.

The latest instalment from the Melbourne Institute's study of Household Income and Labour Dynamics (HILDA) shows Sydney remains the country's most expensive market, where 13 per cent of residents are experiencing housing stress.

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The report into child social exclusion – commissioned from the University of Canberra’s National Centre for Social and Economic Modelling – blamed housing stress and labour market changes for “highly persistent” social exclusion. UnitingCare will launch the report at Australian Parliament House on The report used 2016 census data and other data including Naplan results to measure both child poverty – where family income falls below the poverty line – and the broader measure of child social exclusion, which includes socioeconomic, education, connectedness, housing and health metrics.

HILDA report author Roger Wilkins says homeowners are using the equity in their property to pay for living expenses. Surging house prices locking under-40s out of ownership. However, while the gap between the rich and poor has not widened markedly in recent times, Professor Wilkins said the same cannot be said of the old and young. " One of the more concerning trends is a growing wealth divide by age group," he said. "The difference in wealth between the older generations and the younger generations has been growing over time. "It's very much connected to what's going on in the housing

In Brisbane's south, the Pirake family are among those struggling to make ends meet.

Father Roman Pirake is the sole income earner for the family of seven, who rent their home at Redbank Plains.

Mum Queenie Pirake says the family is always on a strict budget.

"It can be pretty tight in terms of food, the rent, petrol, school uniforms," she said.

The family relies on buying groceries in bulk, or even food bank donations to ensure there is enough to go around.

"Our kids are very understanding if we can't buy certain things," Ms Pirake said.

HILDA report co-author Roger Wilkins said he was surprised by the high level of housing stress in urban areas outside Brisbane.

"I can only imagine it's driven by the south-east coast places like the Gold Coast and the Sunshine Coast where I do know that housing costs are quite high," Professor Wilkins said.

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HILDA report reveals Australian city with the highest median household income. SYDNEY might be full of silvertails but when it comes to median earnings it’s lagging behind other capitals in the income race. And while wages have generally gone up in the capitals, residents of Perth have seen a big cut in their pay packets. The insight came in Tuesday’s release of the annual Household, Income and Labour Dynamics in Australia survey, known as the HILDA report . The University of Melbourne research also found Australians had cut down on their energy usage in the face of rising power bills

However the figures did not come as a shock to the Queensland Council of Social Services (QCOSS).

"We know from a lot of the work we've been doing that people living outside Brisbane, the south-east corner, are doing it much tougher in relation to cost of living generally and housing costs are among those figures," CEO Mark Hanley said.

a man standing next to a car© Provided by ABC Business The HILDA figures also show other costs of living were increasing.

The average amount of money families spent on childcare every week more than doubled from $71 in 2002/3 to $154 in 2015/16.

Average household energy costs rose from $1,727 a year in 2006/08 to $2,118 in 2015/16.

At the same time, income levels have largely stalled since 2009, with the median household disposable income rising from $79,160 to $79,244 in 2016.

A separate report by shows Queensland recorded the highest number of bankruptcies of any state and territory last financial year.

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