Homelessness…the silent killer – Mick Raven
Martin Place Sydney 2017
Homelessness in Australia Statistics Mission Australia
https://www.missionaustralia.com.au
6th May 2023
Five shocking stats about homelessness in Australia:
1. There are over 122,000 people experiencing homelessness on any given night
2. Only 6 percent of people who are homeless sleep on the streets
3. Domestic and family violence is one of the main reasons why people experience homelessness
4. In Australia, one in seven people experiencing homelessness are over 55 years
5. Over 17,600 children younger than 12 years are homeless
Estimating Homelessness Census, 2021 Australian Bureau of Statistics
https://www.abs.gov.au
22/03/2023
122,494 people were estimated to be experiencing homelessness at the time of the 2021 Census, an increase of 6,067 people (5.2%) since 2016. The rate of homelessness decreased to 48 people per 10,000, from 50 in 2016.
Of those experiencing homelessness in 2021:
- 68,516 (55.9%) were male, an increase of 1.6% from 2016
- 53,974 (44.1%) were female, an increase of 10.1% from 2016.
Females accounted for 81.7% of the 6,067 increase of people experiencing homelessness in 2021.
The rate of homelessness for males decreased in 2021 to 55 males per 10,000 (from 58 in 2016), while the rate for females increased in 2021 to 42 females per 10,000 (from 41 in 2016).
Homelessness is surging in Australia. There are fears it could get worse
https://www.sbs.com.au
23 March 2023
Data from the Australian Bureau of Statistics shows homelessness is surging.
New figures show nearly 123,000 people were without a home on Census night 2021 – around 6,000 more than at the previous count in 2016.
It represents a 5.2 per cent lift in homelessness over five years.
Homeless numbers have jumped since COVID housing efforts ended
– and the problem is spreading beyond the big cities
https://www.unsw.edu.au
05 Dec 2022
The main driver of homelessness in Australia is housing costs – post-COVID rents,
house prices and interest rates are all much higher. To house everyone, the housing system needs a major overhaul.
Homelessness on the rise across Australia
https://www.thesaturdaypaper.com.au
7th April 2023
The latest census shows the number of homeless Australians has risen more than 5 per cent since 2016,
and lags in the data mean that many people currently sleeping rough aren’t captured in the count.
Homelessness in Australia – Wikipedia
Homelessness in Australia is a social issue concerning the number of people in Australia that are considered to be homeless.
There are no internationally agreed upon definitions of homelessness, making it difficult to compare levels of homelessness across countries. A majority of people experiencing homelessness long-term in Australia are found in the large cities of Sydney, Melbourne, Brisbane and Perth. It is estimated that on any given night approximately 116,000 people will be homeless and many more are living in insecure housing, “one step away from being homeless”. A person who does not obtain any shelter is often described as sleeping ‘rough’.
A person is considered to be homeless in Australia if they:
- do not have access to safe, secure adequate housing, or, if the only housing they have access to damages, or is likely to damage, their health.
- are in circumstances which threaten or adversely affect the adequacy, safety, security, or affordability of their home.
- have no security of tenure – that is, they have no legal right to continued occupation of their living area.
Mass Homelessness…The Warning signs are here! – Mick Raven
These mortgage holders are facing a big jump in their repayments — but they feel they dodged a bullet
https://www.abc.net.au
30th April 2023
They took out what might by Sydney standards be considered a modest loan, borrowing $528,000 at low fixed rates which begin expiring in November.
Their repayments will jump by at least 50 per cent over the next few years when their fixed rates start expiring and they revert to a higher variable rate.
Like 880,000 other Australians coming off fixed rates this year, Jasper and Nadia are bracing for the impact of the 10 increases to rates the Reserve Bank has made since May last year.
This pain, already being felt by borrowers with variable-rate mortgages, will be exacerbated if the central bank hikes rates for an 11th time at its meeting on Tuesday.
RBA interest rate rise catches markets, banks and borrowers by surprise
https://www.abc.net.au
2 May 2023
The Reserve Bank of Australia (RBA) has shocked borrowers and financial markets by resuming interest rate rises after a one-off pause last month.
It has lifted its cash rate target from 3.6 to 3.85 per cent, marking the 11th increase in the space of a year.
Official interest rates have not been at this level, or higher, since they were cut to 3.75 per cent in May 2012.
Why does the federal government want to strip itself of power to overrule the Reserve Bank
https://www.abc.net.au
30 Apr 2023
When central bankers use the phrase “in hindsight,” prick your ears up.
It means they’re about to concede that their decision-making could have been better recently.
But on a deeper level, they’ll also be reminding us that their decisions are always made amid uncertainty, and their actions are always based on imperfect observations and an objective unknowability about the world.
It’s worth remembering.
Central banks, like all institutions, are fallible. They make good and bad decisions, and their theories about the world are contestable. But they’re also extremely powerful.
That’s why it’s wise to have some kind of democratic check on their power.
Why wouldn’t you want the government, and by extension the voting public, to have the ability to correct a bad decision by a central bank if necessary?
And in the USA – Mick Raven
Shocking images show the TWO-MILE long encampment of people living in RVs, trucks and trailers
https://www.dailymail.co.uk
6 May 2023
Hundreds of locals in one of San Francisco’s wealthiest counties have been forced to pack up their lives into RVs and trailers after being pushed out of the housing market.
Shocking photos show the ever-growing line of trucks and other vehicles along 101 Highway – which now stretches over two miles in one of the largest encampments in the country.
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