{"id":36199,"date":"2025-11-25T02:53:51","date_gmt":"2025-11-24T15:53:51","guid":{"rendered":"http:\/\/www.16news.com.au\/?p=36199"},"modified":"2025-11-25T02:53:51","modified_gmt":"2025-11-24T15:53:51","slug":"dire-rental-affordability-should-be-wake-up-call-for-labor","status":"publish","type":"post","link":"http:\/\/www.16news.com.au\/index.php\/2025\/11\/25\/dire-rental-affordability-should-be-wake-up-call-for-labor\/","title":{"rendered":"Dire rental affordability should be wake-up call for Labor"},"content":{"rendered":"\n

Australia\u2019s rental market remains dire according to the latest data<\/u><\/a> from SGS Economics and Planning\u2019s Rental Affordability Index 2025.<\/p>\n\n\n\n

In Sydney, full-time workers face severe rental stress and people receiving income support would need to put 131% of their income toward rent making stable housing unattainable without significant assistance.<\/p>\n\n\n\n

The data finds that Adelaide is as unaffordable as Sydney, with many outer suburbs becoming inaccessible for average earners. Regional areas across the country have also become less affordable, many hitting the lowest affordability levels recorded by the Index.<\/p>\n\n\n\n

The Greens say this is further proof of Australia\u2019s housing crisis hitting renters and call on the government to stop prioritising wealthy property investors over renters.<\/p>\n\n\n\n

Greens spokesperson for finance, housing and homelessness Senator Barbara Pocock:<\/strong><\/p>\n\n\n\n

\u201cAustralia is in a national housing crisis that is spiralling out of control and renters are paying the price. People on low and moderate incomes, who can\u2019t afford to buy a home, are facing extreme rental stress. Essential workers – teachers, nurses and police – can\u2019t afford to live near where they work.<\/p>\n\n\n\n

\u201cAcross Australia, we\u2019re seeing a rental market that is unaffordable. With vacancy rates at record lows<\/u><\/a>, the rental market is so tight that landlords can hike prices leaving renters with nowhere else to go. That\u2019s exactly why the Government needs to introduce rent caps – to stop profiteering and give people a fighting chance.<\/p>\n\n\n\n

\u201cThe problem is that successive governments have created a housing system where rich property investors get billions in tax discounts to buy multiple properties, while millions of others can’t even find an affordable rental, let alone buy a house of their own. It\u2019s no wonder 89 per cent of Australians agree we\u2019re in a housing crisis.<\/p>\n\n\n\n

\u201cThe Government\u2019s $181 billion tax breaks for wealthy investors – via the capital gains tax discount and negative gearing – are locking out first home buyers and forcing rents to skyrocket.<\/p>\n\n\n\n

\u201cWithout tackling the root causes of the housing crisis, Labor\u2019s policies, such as their 5% deposit scheme, are pushing property prices up further – locking even more people out of affordable rentals and home ownership. That includes essential workers, such as nurses and teachers, who are already struggling to afford homes near their workplaces.<\/p>\n\n\n\n

\u201cThis government needs to start treating housing as a human right instead of a game of monopoly. Rather than giving billions of tax breaks to wealthy property investors, the Government should be investing directly into building good quality homes and renting them to people who need them at prices they can actually afford.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Australia\u2019s rental market remains dire according to the latest data from SGS Economics and Planning\u2019s Rental Affordability Index 2025. In Sydney, full-time workers face severe rental stress and people receiving income support would need to put 131% of their income toward rent making stable housing unattainable without significant assistance. The data finds that Adelaide is as unaffordable … Continue reading “Dire rental affordability should be wake-up call for Labor”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-36199","post","type-post","status-publish","format-standard","hentry","category-aussie"],"_links":{"self":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/36199","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/comments?post=36199"}],"version-history":[{"count":1,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/36199\/revisions"}],"predecessor-version":[{"id":36200,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/36199\/revisions\/36200"}],"wp:attachment":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/media?parent=36199"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/categories?post=36199"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/tags?post=36199"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}