Australian Rents Surge Three Times Faster Than Wages: The ‘Great Divergence’ Squeezing Tenants.
By a Property Correspondent Australian tenants are grappling with the toughest affordability conditions on record as the cost of renting skyrockets past income growth. New data reveals that national rents have risen nearly three times faster than wages over the past five years, creating a “great divergence” that is rapidly eroding household budgets. According to the February 2026 Chart Pack released by property analyst firm … Continue reading Australian Rents Surge Three Times Faster Than Wages: The ‘Great Divergence’ Squeezing Tenants.