Renters could save $5400 over two years if there was a cap on increases, Greens say

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Queenslanders could have saved nearly $5400 over two years if a rental freeze had been introduced to prevent the impact of surging price rises, the Greens say. Rents are currently sitting at a median price of $550 per week in the state, a 22 per cent increase in two years, according to Queensland Residential Tenancies Authority data.

But the Greens are calling for further action and will be campaigning for a two year rental freeze and a one per cent cap on prices in the October election. Similarly, Anglicare Australia said the Queensland government’s initiatives fall short during a housing crisis. “While it’s good to see an end to rental bidding, this change doesn’t go far enough,” Anglicare’s executive director Kasy Chambers told AAP.

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