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6.30 With George Negus, Channel 10: Media coverage: Lumped with debt |
| 20 September 2011 |
 A third of Australians who are part of Generation X – those aged from 30 to 50 - say they don’t have enough money to last more than two months if they lost their job. Interviewed on last night’s 6.30 with George Negus, Mission Australia’s General Manager Social Advocacy and Public Affairs Eleri Morgan-Thomas said there was a false sense of security that came from the prosperous years where people thought everything was going to be really good. Ms Morgan-Thomas recommends that people be wary of debt and offers advice on how to deal with financial problems. Watch the ‘Lumped with debt’ video Related coverage: The Sydney Morning Herald -Sydney housing supply in ‘dire trouble’ It takes more than eight times the average annual income to buy an average Sydney home, according to a report by a housing action group, Australians for Affordable Housing (AAH). Made up of 60 community and housing groups, AAH launched the report yesterday as part of a push to make housing more affordable. The group is concerned that increased prices cause first-time buyers to stay in the rental market for longer, competing for properties and pushing up rental prices. Since 2005, rents in Australian cities have risen at twice the rate of inflation, according to the report. It also found that 50 per cent of low-income home owners are in mortgage stress. Read more in the Domain section of The Sydney Morning Herald. |
News Updates
| Living with teens - north-west Sydney information nightsWednesday, 23 May 2012Mission Australia's Clifton Adolescent and Family Solutions (CAFS) and Youth Connections, in partnership with Hornsby Council, the GP Network and the Hills Schools Industry Partnership, are presenting a free series of information nights for parents living with teenagers.
The program will provide parents and carers with an opportunity to... + Read Full Story |
Miller Pathways celebrate Families WeekMonday, 21 May 2012Mission Australia’s child and family service in the Liverpool area, Miller Pathways, celebrated Families Week on Friday by hosting a free Community Fun Day.
The Federal Minister for Human Services, Senator Kim Carr, Federal Member for Fowler, Chris Hayes, and Mayor of Liverpool Wendy Waller all attended and officially opened the... + Read Full Story | More News Articles | ||
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