The Headlines: Is Australia’s Rental Market Still a Rental Crisis?

Welcome one and all, to another miserable sopping Thursday. Unfortunately, a ton of flood and severe weather warnings have been issued all around the country. If you need to stay up-to-date in regards to this situation, go to the Bureau of Meteorology’s Warnings Index and learn what your state or territory’s SES branch is saying.

Nevertheless, this unsavoury fact isn’t the only bit of news that’s made the papers today. Here are some of this Thursday’s biggest headlines:

Australia’s Rental Market Continues to Be in the Pits

Domain has just released its September Vacancy Rates Report, and the results aren’t pretty. For the third month in a row, only 0.9% of all Aussie property is available to rent. This is officially the lowest this vacancy number has been on record. 

Additionally, the rental news doesn’t get much better when you focus in on the capital cities. Brisbane, Melbourne, Perth, Adelaide, and Hobart’s numbers all held stubbornly steady. Meanwhile, the renting situation in Sydney got worse. Only Canberra and Darwin received a vacancy bump up. 

“All capital cities continue to operate in a landlords’ market,” stated Domain’s report. “Resulting in a highly competitive environment for prospective tenants and exacerbating the rental crisis.”

“This is largely due to a misalignment between supply and demand with a lower volume of available rentals driving up rents and worsening competition, emphasising the need to address this crisis that many tenants find themselves in.”

A Bunch of Dare Iced Coffees Have Been Recalled

If you enjoy chugging a Dare in order to feel anything, like I do, then you should suss out your fridge. Cause Food Standards Australia New Zealand (FSANZ) has recalled a bunch of this brand’s products. They are concerned that some Victorian drinks contained bits of plastic. 

The following drinks with the listed 2022 use-by dates are a part of the said recall:

Espresso – October 6, October 8, October 12, October 13, and October 14.

Double Espresso – October 6, October 8, October 11, October 13, and October 14.

Double Espresso No Sugar Added – October 5, October 7, October 11, and October 15.

Mocha – October 5, October 7, October 11, and October 15.

“Consumers should not drink these products and should contact Bega Dairy and Drinks for a full refund,” stated FSANZ.

You can contact the company at consumercare@bega.com.au. 

Related: 7 Creative Ways You Can Use Old Coffee Grounds

Related: Shortages Australia — Eggs, Milk and Cooking Oil Are Just Starters

Our Northern Hairy-Nosed Wombats Are Coming Back

In some good news, a conservationist named s is reaping the rewards of his hard work. Thanks to creating predator-proof fences, making water troughs, and tracking, the population of our northern hairy-nosed wombats has improved. 

As per the ABC, in 1991, the number of these critters in the wild was 60. As of 2022, the amount of them is over 350. 

Horsup is about to retire from working with the Queensland Parks and Wildlife Service, and he’s somewhat hopeful about the future of our wombats. He declared, “I feel a lot more positive now than I did 30 years ago.”

“There are baby wombats everywhere, we’re seeing females with big pouches and small prints around the park.”

Read more stories from The Latch and subscribe to our email newsletter.