Tag: singles

  • Singles tax costs thousands of dollars a year | Pensioner’s rental struggle highlights $7,800 ‘ta…

    Singles tax costs thousands of dollars a year | Pensioner’s rental struggle highlights $7,800 ‘ta…

    Explore the latest developments concerning Singles tax costs.

    Singles tax costs thousands of dollars a year

    Louise Taylor faced affordability issues when looking for somewhere to call home. (ABC News: Lottie Twyford)

    Single-income households can struggle to meet housing costs, and older women are one group at risk of housing insecurity.

    The singles tax refers to extra costs people pay when they can't split expenses like couples can.

    Housing experts say Australia also has a lack of affordable, suitable dwellings for singles.

    By her 70s, Louise Taylor had hoped her house would be more than a roof over her head; somewhere she could happily call home.

    But after "knockback after knockback" trying to find a rental on the private market five years ago, she has been forced to accept her small duplex, north of Brisbane, is all she can afford.

    Pensioner's rental struggle highlights $7,800 'tax' hitting single Aussies during cost of living

    Housing costs in Australia are outpacing the rate of inflation. It was the biggest contributor to rising prices in the latest consumer price index data from the Australian Bureau of Statistics, rising by 5.7 per cent on the year.

    The category in the inflation basket does not include the cost of servicing a mortgage but does include items like rent, utility costs such as water and electricity, construction costs, council rates and repairs to properties. And for single people living alone, that is an increasingly difficult burden to shoulder alone.

    For 70-year-old renter Louise Taylor who takes an Age Pension payment from Centrelink, it's becoming harder and harder.

    Small flat head coffee table cream style, home living room sofa side table table, round side table

    Small flat head coffee table cream style, home living room sofa side table table, round side table
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