Financial pressure on households has never been higher, and more of us are spending beyond our means than ever before, according to a long-running survey. Since 2001, research firm Digital Finance Analytics (DFA) has been tracking the income and debt from a rolling sample of roughly 52,000 households, and in May 2023, it found mortgage and rental stress has never … [Read more…]
In short: Rental pressures are forcing people to consider options like sharing a room in a share house, with one recently advertised in Hobart for almost $300 a week What’s next? People who have managed to buy a home are now finding themselves under pressure from rising interest rates Rates are the highest they’ve been in a … [Read more…]
:quality(70)/cloudfront-eu-central-1.images.arcpublishing.com/irishtimes/76D2TOBVAJCUPAQQMGUVS4M4NA.jpg "Separated spouse is trying to force sale of family home – The Irish Times")
A close friend is separated from her husband for a few years now. It was a very difficult separation with different services involved. They eventually agreed basic terms of separation through mediation. She stayed in the house, pays mortgage and debts and has managed all things related to the children since the separation. For the … [Read more…]
The Treasurer was faced with the harsh reality families are dealing with during a panel on Monday night, with a single mum relying on the parenting payment flagging an issue with a budget measure. Social Services Minister Amanda Rishworth says the government’s boost to the single-parent payment threshold will ensure parents have the “safety net” … [Read more…]