A report from Anglicare Australia paints a bleak picture of the Australian rental market, revealing that the national vacancy rate has plummeted to an all-time low of 0.7 percent, while average rents are $200 per week higher than pre-pandemic levels. The report highlights the growing gap between incomes and housing affordability, with only 289 of the 45,000 homes listed being affordable for a person earning a full-time minimum wage. The report emphasizes the need for increased support for low-income earners and calls for reforms to the private rental market to address the widening affordability crisis.