New modelling predicts up to 1.75 million Aussies tipped into housing stress when COVID-19 support ends
Research undertaken for AHURI which modelled a range economic and housing outcomes as a consequence of COVID-19 and the Australian Government's response by Professor Chris Leishman and colleagues from Curtin University the University of Adelaide was featured in the news yesterday including The Australian.
The research examines the likely impacts on individuals and their households of lost employment and income due to COVID-19. It provides three senarios. The most severe is unemployment peaking at 1.752 million in 2021 once COVID-19 government support intervention ends. The mildest; total unemployment exceeding one million people which is on par with the highest unemployment rate recorded this year to date.