The Victorian government has reportedly ruled out a plan to limit rent price increases in the state amid concerns it would deter investment in new housing supply. The Age reports the state government had considered a measure to restrict rent increases to once every two years - but it is not confirmed whether that proposal has been scrapped. Premier Daniel Andrews says the government's policy is on increasing the housing supply and will release the state's new housing and planning package in September.
The Victorian government has reportedly ruled out a plan to limit rent price increases in the state amid concerns it would deter investment in new housing supply.
The Age reports the state government had considered a measure to restrict rent increases to once every two years - but it is not confirmed whether that proposal has been scrapped. Premier Daniel Andrews says the government's policy is on increasing the housing supply and will release the state's new housing and planning package in September.
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.
‘The answer is more housing’: Victorian rental caps off the tableThe state government has concluded rental caps could deter investment in new housing, ultimately leading to higher rents.
Read more »
Two Victorian MPs in breach of strict Voice referendum rules over Yes23 campaign materialAt least two Government MPs in Victoria are in breach of strict rules around material concerning the upcoming Indigenous Voice to Parliament referendum, displayed at their taxpayer-funded, and impartial, electorate offices.
Read more »
Victorian council did not impede democracy by closing public gallery over disruptions, court rulesSupreme court dismisses case brought by Darren Dickson, who claimed council failed to meaningfully engage residents over urban design framework for Monbulk
Read more »
Has the first shot been fired in Victorian Labor’s succession?MPs say leaks about alleged branch stacking have escalated the factional war about who will eventually replace Daniel Andrews
Read more »