Australian housing affordability hits record low in 2026: report

NAMPA / Xinhua
2026-09-06
CANBERRA, Sept. 6 (Xinhua) -- Housing affordability in Australia deteriorated to a record low in the 2026 financial year, with elevated home prices and higher mortgage rates substantially reducing households' borrowing capacity, a report finds. A typical-income household earning about 125,000 Australian dollars (about 90,000 U.S. dollars) a year could afford to buy just 12 percent of homes sold nationwide, the lowest level on record and below......
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OKAKARARA, 03 September 2026 - The livestock parade section at the 18th edition of the Okakarara Annual Trade Fair which started Monday at the town and where business activities of local exhibitors, corporate entities and government ministries were going strong. (Photo by: Mulisa Simiyasa) NAMPA

OKAKARARA, 03 September 2026 - The livestock parade section at the 18th edition of the Okakarara Annual Trade Fair which started Monday at the town and where business activities of local exhibitors, corporate entities and government ministries were going strong. (Photo by: Mulisa Simiyasa) NAMPA

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WINDHOEK, 03 September 2026 - President Netumbo Nandi-Ndaitwah on Thursday held a closed-door meeting with Capricorn Group executive management at State House, where the financial services group briefed her on its role in capital mobilisation and investment across key sectors of the Namibian economy.

(Photo by: Chelva Wells) NAMPA

WINDHOEK, 03 September 2026 - President Netumbo Nandi-Ndaitwah on Thursday held a closed-door meeting with Capricorn Group executive management at State House, where the financial services group briefed her on its role in capital mobilisation and investment across key sectors of the Namibian economy. (Photo by: Chelva Wells) NAMPA

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WINDHOEK, 03 September 2026 - President Netumbo Nandi-Ndaitwah on Thursday held a closed-door meeting with Capricorn Group executive management at State House, where the financial services group briefed her on its role in capital mobilisation and investment across key sectors of the Namibian economy. (Photo by: Chelva Wells) NAMPA

WINDHOEK, 03 September 2026 - President Netumbo Nandi-Ndaitwah on Thursday held a closed-door meeting with Capricorn Group executive management at State House, where the financial services group briefed her on its role in capital mobilisation and investment across key sectors of the Namibian economy. (Photo by: Chelva Wells) NAMPA

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WINDHOEK, 03 September 2026 - President Netumbo Nandi-Ndaitwah on Thursday held a closed-door meeting with Capricorn Group executive management at State House, where the financial services group briefed her on its role in capital mobilisation and investment across key sectors of the Namibian economy. (Photo by: Chelva Wells) NAMPA

WINDHOEK, 03 September 2026 - President Netumbo Nandi-Ndaitwah on Thursday held a closed-door meeting with Capricorn Group executive management at State House, where the financial services group briefed her on its role in capital mobilisation and investment across key sectors of the Namibian economy. (Photo by: Chelva Wells) NAMPA

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KATIMA MULILO, 03 September 2026 - Secretary General for the Namibia Public Security and Allied Workers Union (NAPUSAWU), Alex Taimo.

(Photo: Michael Mutonga Liswaniso) NAMPA

KATIMA MULILO, 03 September 2026 - Secretary General for the Namibia Public Security and Allied Workers Union (NAPUSAWU), Alex Taimo. (Photo: Michael Mutonga Liswaniso) NAMPA

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KATIMA MULILO, 03 September 2026 - Some of the Katima Mulilo Security Services employees whom Nampa found at the NAPUSAWU offices here enquiring about their remuneration.

(Photo: Michael Mutonga Liswaniso) NAMPA

KATIMA MULILO, 03 September 2026 - Some of the Katima Mulilo Security Services employees whom Nampa found at the NAPUSAWU offices here enquiring about their remuneration. (Photo: Michael Mutonga Liswaniso) NAMPA

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OKAKARARA, 03 September 2026 - The 18th edition of the Okakarara Annual Trade Fair which started Monday morning at the town and where business activities of the local exhibitors, corporates and government ministries are still going strong. 
(Photo by: Mulisa Simiyasa) NAMPA

OKAKARARA, 03 September 2026 - The 18th edition of the Okakarara Annual Trade Fair which started Monday morning at the town and where business activities of the local exhibitors, corporates and government ministries are still going strong. (Photo by: Mulisa Simiyasa) NAMPA

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WINDHOEK, 02 September 2026 - General Manager responsible for Legal, Policy and Enforcement at the Financial Intelligence Centre (FIC), Zenobia Barry. (Photo: Contributed) NAMPA

WINDHOEK, 02 September 2026 - General Manager responsible for Legal, Policy and Enforcement at the Financial Intelligence Centre (FIC), Zenobia Barry. (Photo: Contributed) NAMPA

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