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The Conversation
The Conversation
Brendan Coates, Program Director, Housing and Economic Security, Grattan Institute

Most retirees who rent live in poverty. Here’s how boosting rent assistance could help lift them out of it

Marlinde/Shutterstock

Most Australians can look forward to a comfortable retirement. More than three in four retirees own their own home, most report feeling comfortable financially, and few suffer financial stress.

But our new Grattan Institute report paints a sobering picture for one group: retirees who rent in the private market. Two-thirds of this group live in poverty, including more than three in four single women who live alone.

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