Government action to control rents isn’t unprecedented. Menzies did it in the second world and subsequent state measures kept rents in check for decades. Now extreme circumstances justify it again.
Australia’s renters have been given a six-month moratorium from evictions for not paying rent. Some states and territories are offering other assistance.
After paying rent, more than half of low-income tenants don’t have enough left over for other essentials. And the latest evidence shows nearly half of them are stuck in this situation for years.
Short-term letting via digital platforms benefits some in the market at the expense of others. Closer regulation might be needed in Melbourne and Sydney, where a permissive approach prevails.
A new report shows how the private rental sector is changing.
There is a risk that affordable housing policy may be colonised by for-profit interests if Australia imports the wrong rental housing ideas from overseas.
Analysis of rents in Sydney shows that local residents are benefiting from the lockout laws, thanks to new entertainment hubs and nightlife.