Divorcees face homeless risk

MIDDLE-CLASS divorcees risk poverty and homelessness as they grow older, according to new research from the Salvation Army.

Women over 40 who return to renting may never get back into the housing market, said the study's author, Swinburne University's Dr Andrea Sharam - and if their career path has been "mummy tracked" by periods of part-time work and maternity leave, they probably don't have enough superannuation.

By surveying 111 Victorian women over the age of 40 who did not expect to own their own homes before retirement, Dr Sharam discovered that 77 per cent were still renting, even though 79 per cent had tertiary degrees, 76 per cent were employed and their median income was $50,000.

"It's not about low income, it's about your life course," said Dr Sharam.

"You can do remarkably well, but as soon as you divorce, it's a different story."

 

> > Read more at brisbanetimes.com.au


Dressing up for a cause

Dressing up for a cause

Pirates in Emerald to raise money for charity

Comet joins region's vibrant show circuit

Comet joins region's vibrant show circuit

Community thrilled with 2018 Central Highlands show circuit

Young Alex is kicking cancer's butt

Young Alex is kicking cancer's butt

Local family faces the fight of a lifetime.

Local Partners