Renters have their say on the 2023-24 Federal Budget

More than 55% of Australian renters feel they’ve been ignored by the 2023-24 Federal budget, with a further 25% saying the measures are at least a start to addressing the current rental crisis, but simply don’t go far enough.

In a national survey of 2,500 renters run across 10-11 May, Rent.com.au asked its customers to consider the May Federal budget and how the announced measures addressed the rental crisis.

Initiatives in this year’s budget included a raise in the rent assistance cap, an increase in the supply of social and affordable housing, tax incentives to promote build-to-rent, and an expansion of the Home Guarantee Scheme to permit joint applications from friends and family.

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