Rent hike warning sparks housing policy debate | Sunrise

By Sunrise

Community Score: 50% | 11.3K views | 1mo

0 community ratings: null thumbs up, null thumbs down

Australia's leading property bodies have released modelling predicting rental increases of $10 per week due to federal budget housing tax changes, five times higher than Treasury's $2 estimate. The reforms affect negative gearing, capital gains tax and self-managed super funds. Health Minister Mark Butler defends the Treasury modelling while Deputy Opposition Leader Jane Hume criticises the government's housing policy, citing fewer home builds and higher rents. Get the latest news » https://7news.com.au 7Plus » https://7plus.com.au/ More from Sunrise » https://sunrise.com.au Subscribe to Sunrise » https://7news.link/SunriseSubscribe Subscribe to the Sunrise newsletter » http://7sunrise.link/Newsletter Connect with Sunrise online: Facebook » https://www.facebook.com/Sunrise Instagram » https://www.instagram.com/sunriseon7/ TikTok » https://www.tiktok.com/@sunriseon7 X » https://x.com/sunriseon7 #SunriseOn7 #7NEWS

Tags: 7NEWS Australia, 7newsaustralia, Australian politics, Sunrise, The Morning Show, australia, celebrity news, channel 7, entertainment, entertainment news, federal budget, housing crisis, latest news, latest news today, negative gearing, news australia, rental prices, seven news

More from Sunrise

  • Renters report sharp increases despite budget predictions | Sunrise — Score: 50%
  • Waiheke Island's wine and adventure paradise | The Morning Show — Score: 50%
  • Sweet potato brownies with a healthy twist | The Morning Show — Score: 50%
  • Divers trapped in Maldives sea cave tragedy | Sunrise — Score: 50%
  • Teen transforms abandoned farm into viral hangout paradise | The Morning Show — Score: 50%
  • Cher's iconic hit turns heads at 80 | The Morning Show — Score: 50%