This is why we need to fix the renters’ crisis in NSW.
In the last year alone, rents across NSW increased by 14.5% while real wage growth shrank by -3.5%.
To put it simply, we’re getting squeezed.
Meanwhile, corporate profits are reaching record highs. Macquarie Bank’s net profit went up 56% this year alone.
Economic justice starts with getting our fair share in wages. And stopping the rent hikes.