Pensioners Struggle as Rents Soar
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Pensioners in Australia are struggling to afford rent, with many pushed into poverty as costs soar — but one retiree’s move to Thailand offers a lifeline, slashing his rent from over $1,000 to just $400 a month, letting him finally live comfortably. His story exposes a broken system: Commonwealth Rent Assistance hasn’t kept up with skyrocketing prices, especially since the pandemic. While the government claims recent boosts have helped, experts warn millions still live below the poverty line. With home ownership falling, more retirees could face this crisis — unless policy changes fast.
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