'Renters are hurting': What are Victoria's planned housing policy changes?

HOUSING RENTAL STOCK

A ‘For Rent’ and a ‘For Sale’ sign are seen in Canberra, Monday, February 27, 2023. (AAP Image/Lukas Coch) NO ARCHIVING Source: AAP / LUKAS COCH/AAPIMAGE

To make housing more affordable, Victorian Premier Daniel Andrews plans to lead the country with an industry shake-up.


Key Points
  • Landlords could be limited to one rent rise every two years under a Victorian Government plan to ease rental stress.
  • While the proposal has won support from tenants groups, it's been labelled "disastrous" and "nonsensical" by the real estate institute.
  • As part of its strategy, the Andrews Government is also considering a five-dollar levy on short-term rental stays like Air BnBs, with the revenue raised to be funnelled into affordable homes.

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