Archive for October, 2011

Carlton Dry Offers Antidote To Rising Living Costs

Friday, October 7th, 2011

Moving out of your parents home and making your own way in the world has long been a rite of passage for young Australians. However, with the cost of living continuing to rise, share house living is often the only option available to young people look for a cost-effective accommodation.

Nationwide there are currently around 573,000 Aussies aged 18-24 years living in a shared household*, an increase of 40,000 people in the past 2 years**. According to the Australian Bureau of Statistics, life costs rose quite significantly over the past three months, with rent (up 4.5%), electricity (up 10.7%) and water (up 12.8%) rising and hurting share houses across the country. In addition, the cost of food increased by 6.1% over the same period with price rises in staples such as fruit (rising 66.6% in price) and vegetables (rising 9.7% in price) costing Aussies more than ever before.

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