Published: April 29, 2019
In other public policy areas it might be difficult to find a solution, but here one seems obvious
The 10th Anglicare rental affordability snapshot released on Monday shows that yet again the hope of finding a place to rent for many on government payments and minimum wage is an impossible dream – and will continue to be so without an urgent increase in social housing.
Next week there is an almost a 50% chance that the Reserve Bank will cut the cash rate from 1.5% to 1.25%. The flat inflation growth figures released last week greatly increased the likelihood that a cut would occur. The market is now actually fully pricing in two rate cuts to occur by the end of the year:
Continue reading...from The Guardian http://bit.ly/2GHZORn
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