This is the ACOSS/UNSW Poverty and Inequality Partnership Report No. 2. The analysis of poverty in this report begins with the poverty line used in most international poverty research: 50% of median household disposable income.
Housing tenure has a major impact on poverty. The majority (52%) of people below the poverty line is renting, while only 15% of people in poverty are home-owners without a mortgage. The critical factor that determines whether older people are poor is their housing status: 43% of tenants aged 65 years and over are in poverty, compared with 12% of all older people