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I noted last week how Australian tenants have experienced a sharp decline in their living standards in recent years.
According to Domain, national median house rents rose by $180, or 38%, from $470 to $650 between September 2021 and September 2024.
Over the same period, national median unit rents rose by $210, or 50%, from $420 to $630.
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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.
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