Inquiry into the Worsening Rental Crisis in Australia
The St Vincent de Paul Society National Council of Australia outlines the severe implications of Australia's escalating rental crisis, advocating for urgent, comprehensive measures to address issues of housing affordability, homelessness, and the profound impact on the well-being of vulnerable individuals and families.
Increased funding, policy reforms, and immediate legislative action are all required.
We specifically call for a review and increase of Commonwealth Rent Assistance by 25 per cent; implementation of the National Low Income Energy Productivity Program; more private market incentives to replace the National Rental Affordability Scheme; new national minimum standards for renters and landlords; a reduction in the capital gains tax discount from 50 per cent to 37.5 per cent; review of the National Housing and Homelessness Agreement; the waiving of outstanding housing-related debts held by states and territories to the Australian Government; and an adequate social safety net for all asylum seekers.