+91-9310 295 053

Mon – Sat (10AM To 07PM)

ShreeMetalPrices: Australia’s housing market disaster looms to an increase in homelessness


According to a survey, the number of homeless persons in Australia who live on streets or in automobiles has increased due to the housing crisis.

According to Mission Australia’s Homelessness & Stable Housing Impacts Report, the need for its homeless support services has grown by 26 percent in the previous 3 years, according to the Shree Metal Prices.

The report claims that during the same time period, the number of persons who are homeless has climbed by 50 percent while the number of people using makeshift shelters like tents and sleeping on the streets has risen by 103 percent.

Despite making up only approximately 3 percent of the population overall, 57% of individuals who needed Mission Australia’s homeless services were women, and 27 percent were Indigenous.

According to the research, Australia’s homelessness & housing crisis has reached a “national emergency” level due to low income support payments or low salaries, as well as the severe lack of affordable & social housing, ballooning rental stress, and rising cost of living.

As more people turn to homelessness agencies across the nation for assistance, on average 300 requests are denied each day, mostly due to a lack of housing.

Mission Australia’s the chief executive officer Sharon Callister used the research to urge all levels of government to take action in response to the housing crisis.

The CPI increased by 7 percent in the one year leading up to March, down from 7.8 percent in the one year leading up to December, according to ABS statistics released in April.

In response to the findings, Treasurer Jim Chalmers stated that although Australia had passed the highest of the inflation crisis, cost-of-living pressures continued to be felt in this nation’s households.