Aussie housing rents are being crushed

Thursday, 16 August 2018

The June quarter rental data from the ABS painted a sorry picture for Australia’s army of negatively geared landlords (but an improving picture for renters).

According to the ABS, rents nationally registered zero growth in the June quarter and grew by just 0.6% over the year:

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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.