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Housing stress making it more difficult to pay electricity bills in Melbourne

Melbourne households are under increasing financial pressure which may be exacerbated by rising electricity prices  16000646 800471809 0 0 7040664 300

High housing costs have caused problems across Melbourne, affecting homeowners and renters alike.

According to new research carried out on behalf of Australians for Affordable Housing (AAH), renters and home purchasers are struggling with the high cost of living right across the Victoria capital.

AAH campaign manager Sarah Toohey - who is part of the AAH's Housing Stressed initiative - said that families in Greater Dandenong were the most stressed , but problems can be observed right across the city.

''The situation is most dire in the south-east," she said.

According to Toohey, with households spending an increasing percentage of their income on securing accommodation, they are left with less to spend on other necessities like food, transport and bills.

Last month, the AAH also released suburb-specific figures for Sydney, which Toohey asserts indicate "urgent action" must be taken to reduce the pressure on people's weekly budgets - particularly in Auburn, Canterbury, Liverpool, Bankstown and Strathfield. 

Households who want to minimise costs where possible may want to consider comparing gas and electricity suppliers to make sure they are on a contract that is suitable to their lifestyle - and that they are not paying more than necessary.

Posted by Charlie Moore