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Inquiry - The Case For Rent Caps Mounts (Read 1707 times)
whiteknight
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Inquiry - The Case For Rent Caps Mounts
Jul 11th, 2026 at 4:01am
 
Inquiry: The case for rent caps mounts   Smiley 
2026-07-07
greens.org.au
The fifth hearing of the Greens-led Senate Inquiry into intergenerational housing inequity, held in Sydney today, showed an increasing number of experts support the case for rent caps, as renters face runaway rent increases.

Additional evidence to the committee today showed:

Renters (31% of the population) face deep housing insecurity due to insecure rental contracts, unlimited rent increases and no-cause evictions.

Renters don’t feel they have options: they endure rent increases unchallenged and forego making maintenance requests to avoid facing evictions.

Lifelong renters don’t have assets to pass down to their children for a house deposit, which perpetuates intergenerational housing inequality.

Social housing has fallen from 5.7% of dwellings in the 1990s to 3.6% today, and Australia sits well behind the OECD average of 7.1%.

Current government investment in social housing is inadequate to reverse the decades-long decline in social housing stock.

Lack of government of investment in social housing has contributed to acute housing need and homelessness.

Working hard and saving no longer gets ordinary Australians into home ownership.

Younger people are giving up on the great Australian dream of ever owning a home.

Australia is becoming an inheritance society rather than a wage society.

People with parental support are nearly twice as likely to own a home compared to people who don't have parental support.

Wealth is increasingly held by a minority of wealthy older households. People aged 65+ have received around 8 times the increase in overall wealth compared to people under 35 over the last two decades.

For Aboriginal and Torres Strait Islander communities, housing inequity is about intergenerational dispossession. Housing shapes health, education, safety and connection to community and culture and it is an investment in self-determination.

Lines attributable to Greens spokesperson for finance, housing and homelessness and Senator for South Australia, Barbara Pocock:

"This inquiry makes it clear that governments haven't delivered relief for renters.

“We've heard powerful evidence from young renters who are struggling to meet unexpected rent hikes, who are facing possible eviction.

“The current rental market is the most unaffordable in Australian history with some of the highest rates of rental stress.

“Too many renters are just one rent hike away from eviction or homelessness.

"Renters don't have a buffer - they are the buffer. When interest rates rise, landlords pass the cost straight on."

“House prices have skyrocketed - up three times faster than wages in just five years. The average home now costs $1 million.

“For Aboriginal and Torres Strait Islander communities, housing inequity is the legacy of intergenerational dispossession. Investing in housing is key to self determination.

“After four years in government, Australia’s housing crisis is now Labor’s housing crisis.

"Labor has locked in existing tax breaks for wealthy property investors and super profits for big corporations - while renters pay the price.

"Labor's priorities are clear: tax handouts for wealthy investors, super profits for corporations, and higher costs for everyone else.

“Labor's plans to fix the housing crisis are not touching the sides. After four years of rapidly increasing house prices and astronomical increases in rents, we urgently need solutions.

“Labor needs to introduce rent caps and invest directly into building good quality homes and renting them to people who need them at prices they can actually afford.”
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whiteknight
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Re: Inquiry - The Case For Rent Caps Mounts
Reply #1 - Jul 11th, 2026 at 4:04am
 
Think I Will put another vote in for the Australian greens, at the next election.  Good on the greens.   Smiley
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freediver
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Re: Inquiry - The Case For Rent Caps Mounts
Reply #2 - Jul 11th, 2026 at 7:36am
 
Rent caps do not help those who supposedly need it most. It helps those with the cash at hand to bribe their way into a rent controlled apartment in the inner city. If you thought 200 people applying for a rental property is outrageous, wait till you see what happens when people stop putting properties up for rent because of the Greens' idiocy.
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Bobby.
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Re: Inquiry - The Case For Rent Caps Mounts
Reply #3 - Jul 11th, 2026 at 7:40am
 

All caused by Labor's mass uncontrolled immigration policy
that brought millions of people here -
when there was nowhere to live.

Albo has gotta go.
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Leroy
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Re: Inquiry - The Case For Rent Caps Mounts
Reply #4 - Jul 11th, 2026 at 7:57am
 
freediver wrote on Jul 11th, 2026 at 7:36am:
Rent caps do not help those who supposedly need it most. It helps those with the cash at hand to bribe their way into a rent controlled apartment in the inner city. If you thought 200 people applying for a rental property is outrageous, wait till you see what happens when people stop putting properties up for rent because of the Greens' idiocy.


Yes some renters will have cheap rent but the taxpayer will be shelling out money for the upkeep of these homes. Renters don't pay for maintenance, rates and insurance and these are the things that make homes expensive.

As far as building quality homes it requires quality workers and I can tell you now if the government start building mass homes the cost will be far higher than what an investor could build it for.

In the end this is just going to cost the taxpayer due to mismanagement, excessive costs and rorts.

Didn't people learn anything from the machete fiasco. government people are slow, expensive, self serving and produce poor outcomes. Solving one problem by creating a larger problem is not a fix.
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Trump derangement syndrome
Fareed Zakaria defined the term as "hatred of President Trump so intense that it impairs people's judgment"
 
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Carl D
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Re: Inquiry - The Case For Rent Caps Mounts
Reply #5 - Jul 11th, 2026 at 10:28am
 
Bobby. wrote on Jul 11th, 2026 at 7:40am:
All caused by Labor's mass uncontrolled immigration policy
that brought millions of people here -
when there was nowhere to live.

Albo has gotta go.


And let's not forget the international "student" rorts, Bobby.

Like this one in today's The West Australian.

Front page story and also on pages 4 and 5.

Perth’s sophisticated scam exploiting illegal student visas to rip off customers and strong-arm taxi industry

Oh, I removed that pesky, incorrect apostrophe (visa's), by the way.  Roll Eyes

Paywalled but I've bought the paper and shown part of the story below. I couldn't show both pages without it being unreadable but you'll get the idea.

A lot of these "students" also don't bother turning up for their classes a lot of the time because they're too busy making money illegally with things like this. They also work many more hours than their visa is supposed to allow them to (48 hours a fortnight).

Disgraceful stuff.
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20260711_081336.jpg (204 KB | 9 )
20260711_081336.jpg

** Repeat Covid infections exercise our immune system in the same way that repeat concussions exercise our brain **
 
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Bobby.
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Re: Inquiry - The Case For Rent Caps Mounts
Reply #6 - Jul 11th, 2026 at 11:42am
 

Hot bedding  - yuck.      Shocked

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Carl D
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Re: Inquiry - The Case For Rent Caps Mounts
Reply #7 - Jul 11th, 2026 at 12:45pm
 
Bobby. wrote on Jul 11th, 2026 at 11:42am:
Hot bedding  - yuck.      Shocked


Indeed.

As one gets out, another gets in: thousands of students are ‘hot‑bedding’

And that was 5 years ago. I bet it's a lot worse now.

I wonder how often they change and wash the sheets and pillowcases?

Here's the front page of today's The West Australian.

"They send money back to their home countries". Yes, of course they do.

Now I'm just waiting for the Premier, Deputy Premier or some other 'high up' pollie to appear on the TV news (complete with their usual 2 or 3 'noddies' standing behind them) to tell us "there's nothing to see here" or "we're looking into it".

And then, just like magic, it will all be forgotten about by this time next week. But, more than likely, nothing will be done about it.
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« Last Edit: Jul 11th, 2026 at 1:13pm by Carl D »  


** Repeat Covid infections exercise our immune system in the same way that repeat concussions exercise our brain **
 
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whiteknight
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Re: Inquiry - The Case For Rent Caps Mounts
Reply #8 - Jul 11th, 2026 at 5:24pm
 
We don't want a labor government, or for that matter a coalition government with an automatic rubber stamp.  This is where the Senate is so important.  So therefore I will vote Australian greens.  At least in the Senate anyway.   Smiley    
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whiteknight
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Re: Inquiry - The Case For Rent Caps Mounts
Reply #9 - Jul 12th, 2026 at 4:15pm
 
Fastest rent hikes in Australia show why Victoria needs rent caps – saving renters $15,590 by 2030
2026-07-09
greens.org.au
Melbourne renters are being slugged with the fastest rent increases in the country, with new figures showing the city's median weekly rent jumped by more than $20 (3.5 per cent) to $600 in the June quarter.

The Victorian Greens say today's figures are proof that Labor has failed to protect renters from unlimited rent hikes, with landlords continuing to jack up rents simply because they can.

Independent modelling by the Parliamentary Budget Office shows that if Victoria froze rents for two years from March 2026 and permanently capped future rent increases to wage growth, the average Victorian renter would save $15,590 by 2030 and more than $120,000 by 2040.

Quotes attributable to Victorian Greens spokesperson for Renting, Gabrielle de Vietri:

"Renters keep getting hit with outrageous rent increases simply because landlords know they can get away with it under Labor.

"These figures make one thing crystal clear: we urgently need rent caps.

"Rent caps would save the average Victorian renter more than $15,500 over the next four years. That's money people could spend raising their kids, paying the bills or saving for a home—instead of paying off their landlord’s house.

"Renters don't need more excuses. They need lower rents.

"The federal government's housing reforms haven't even kicked in yet. These rent hikes aren't about absorbing higher costs—they're landlords taking the piss because nothing is stopping them.   Sad

“Victorian renters deserve a government that's on their side. Labor will always side with the property industry because they are funded by them to stay in power. The Greens are the only ones with the guts to do what it takes to tackle the housing crisis - cap rents, build public housing, end the special treatment for property investors and corporations.”

Background

The Parliamentary Budget Office estimates a two-year rent freeze from March 2026 followed by permanent caps linked to wage growth would save the median Victorian renter:

$15,590 by 2030

$53,517 by 2035

$120,406 by 2040.

Rent controls are a key pillar of the Victorian Greens election policy plan leading up to the 2026 Victorian State election, where the Greens are tipped to win more seats from both Labor and the Liberals. The Greens policy includes:

an initial 2-year rent freeze to give wages the chance to catch up to rents followed by a cap on rent increases to go up no more than the wage growth or CPI, whichever is lowest, of that year in any one year.

Tie rent increases to the property, not the tenant – so renters can’t be kicked out for a landlord to put the rent up.

A ban on rent increases for two years at the start of every tenancy, to give renters security when they move house.
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Re: Inquiry - The Case For Rent Caps Mounts
Reply #10 - Jul 12th, 2026 at 4:29pm
 
freediver wrote on Jul 11th, 2026 at 7:36am:
Rent caps do not help those who supposedly need it most.
 

Correct.

Quote:
It helps those with the cash at hand to bribe their way into a rent controlled apartment in the inner city.
  Hookay...they are not the low/median income workers who are forced to rent.

Quote:
If you thought 200 people applying for a rental property is outrageous, wait till you see what happens when people stop putting properties up for rent because of the Greens' idiocy.


I agree rent caps won't help mefian wage renters in the current unaffordable housing crisis.

But you ignored the Greens observations (in the OP)  re the reduction in public housing since the 90s.

Mean wage earners will be forced into stressful renting for years to come, given the unaffordable housing market. 


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freediver
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Re: Inquiry - The Case For Rent Caps Mounts
Reply #11 - Jul 12th, 2026 at 5:37pm
 
Quote:
Hookay...they are not the low/median income workers who are forced to rent.


They are the ones who choose to rent. For lifestyle or whatever other reasons.

Quote:
I agree rent caps won't help mefian wage renters


If median income earners need the government to dictate the price of their rent or give them public housing, we are pretty much communist.

Quote:
But you ignored the Greens observations (in the OP)  re the reduction in public housing since the 90s.


I also didn't give you detailed observations of my toes. They aren't getting any younger.
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Re: Inquiry - The Case For Rent Caps Mounts
Reply #12 - Jul 12th, 2026 at 5:42pm
 
I move around a lot. I prefer to rent.
I've lived in Kirribilli four doors down from Keating in the Lodge to a tarp in the bush which really put a lot of Abos to shame in their free housing.
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AIMLESS EXTENTION OF KNOWLEDGE HOWEVER, WHICH IS WHAT I THINK YOU REALLY MEAN BY THE TERM 'CURIOSITY', IS MERELY INEFFICIENCY. I AM DESIGNED TO AVOID INEFFICIENCY.
 
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Re: Inquiry - The Case For Rent Caps Mounts
Reply #13 - Jul 13th, 2026 at 11:41am
 
freediver wrote on Jul 12th, 2026 at 5:37pm:
Quote:
Hookay...they are not the low/median income workers who are forced to rent.


They are the ones who choose to rent. For lifestyle or whatever other reasons.


The rental crisis is about  people who are forced to rent, because mean wages will never be able to buy a house in the current unaffordable housing market.

Quote:
If median income earners need the government to dictate the price of their rent or give them public housing, we are pretty much communist.


Well, it's headng that way: New Yorkers famously recently elected a democratic socialist as mayor - despite Trump warning the sky would fall - because houses in NY are no longer affordable (prices or rents) for mean-wage earners (the wage most people earn, lower than the average wage).

Quote:
I also didn't give you detailed observations of my toes. They aren't getting any younger.


The OP didn't mention your toes, it correctly pointed out that public housing is necessary when mean wages are lower than required to service private sector rents and mortgages.
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« Last Edit: Jul 13th, 2026 at 11:46am by thegreatdivide »  
 
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thegreatdivide
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Re: Inquiry - The Case For Rent Caps Mounts
Reply #14 - Jul 13th, 2026 at 11:44am
 
Jasin wrote on Jul 12th, 2026 at 5:42pm:
I move around a lot. I prefer to rent.
I've lived in Kirribilli four doors down from Keating in the Lodge to a tarp in the bush which really put a lot of Abos to shame in their free housing.


You can't raise a family (feed, clothe and educate) in a "tarp in the bush".
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