Meanwhile, Anthony Albanese will today meet with Vietnamese prime minister Pham Minh Chinh and other key officials. Follow the day’s news, live
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Chandler-Mather says the international examples point to the fact that caps on rent increases work:
The useful thing about a rent freeze is other countries have used it around the world, as well as rent caps, so we have a lot of evidence around that.
New Jersey was a state that introduced rent caps, and research found there was no material impact on the supply of private housing. What we did see, though, was an impact on reducing rents.
The Greens have shifted, and now we’d like Labor to too.
We’ve said two things. One, we’d like a guarantee of $2.5bn of investment in public community and affordable housing every year.
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