New South Wales Premier Chris Minns has stood firm on his refusal to implement a rent freeze, stating concerns the measure would lead to higher rents and be detrimental to housing prices across the state.
Mr Minns was interviewed on ABC’s RN Breakfast on Wednesday morning, where he was grilled about his position on the controversial policy.
NSW Premier Chris Minns has ruled out implementing a rent freeze in the state. Picture: NCA NewsWire / Monique Harmer “We’re introducing a rental commissioner, grounds for no grounds evictions, a portable bond scheme, as well as other significant changes to supply to bring on more dwellings.” Rents were frozen in the German capital of Berlin in 2020, in a policy that stopped price increases for five years, except for flats built after 2014 in a bid to encourage new developments.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
NSW Treasury warns rating agencies are preparing to downgrade the state’s credit ratingNSW Treasurer Daniel Mookhey is bracing for the possibility of the state losing its prized AAA credit rating.
Read more »
NSW Treasurer gives 'clear warning' on state's financesNew South Wales Treasurer Daniel Mookhey gave a 'clear warning' about the state's finances as he flagged the government would look to cut costs and reign in spending as part of the upcoming Budget.
Read more »
NSW government delays tax hike on embattled Star EntertainmentThe NSW government is weighing up the implications for the company’s cash-strapped Pyrmont casino.
Read more »
NSW government to crack down on youth knife crimeThe New South Wales government is cracking down on youth knife crime including doubling penalties for some offences. Legislation introduced to parliament today will see the maximum imprisonment time for carrying a knife in a school or public place doubled as well as a $4,400 fine.
Read more »
NSW expected to lose AAA credit ratingNew South Wales Treasurer Daniel Mookhey warns the state is at risk of losing its triple-A credit rating. He says new modelling by Treasury breaches most metrics used to determine the top credit rating. The state is expected to be spending more than five per cent of its income paying down its debt within the next fortnight.
Read more »
‘Shhh’: The Reece Walsh celebration that left NSW steamingIt went undetected in the moments after Queensland’s stirring game one win, but Blues players are using it as motivation as they try to save the State of Origin series.
Read more »