Rental pain intensifies for Australia’s landlord army

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By Leith van Onselen

The latest rental review for May, released by Core Logic-RP Data, revealed record low rental growth at the national capital city level.

According to RP Data, rents nationally grew by only 1.5% in the year to May 2015, with Canberra, Darwin and Perth recording falls, and pathetically low yields available in Sydney and Melbourne:

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.