Politics · Australia · 5 hrs ago

Advocates call for annual rent cap across Western Australia

Advocates call for annual rent cap across Western Australia

Housing advocacy groups are calling for annual rent caps across Western Australia as rents rise.

The Make Renting Fair Alliance says its plan would limit increases to 2 per cent this year.

Its report estimates Perth tenants could save almost $33,000 over five years, while regional renters could save about $30,000.

In Broome, financial counsellor Veronica Johnson said her rent rose from $480 to $740 a week, and a similar unit was offered for $1,000.

Her employer helped cover the cost, and renter advocates say rising expenses are forcing people into difficult choices.

WA introduced a rule in 2023 limiting landlords to one rent increase a year, but did not set a cap, citing possible unintended effects.

The real estate industry warns rent caps could hurt people seeking a home, while advocates continue to press for the change; no government decision on the proposal is stated.

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What people are saying

Kate MillerMake Renting Fair Alliance spokesperson
We need a system that gives renters and landlords certainty and stops housing costs from spiralling further.
via ABC Australia
Rob MandaniciReal Estate Institute of WA president
Rent caps might sound appealing, but they come at a significant cost to …
via ABC Australia
Veronica JohnsonBroome financial counsellor and renter
That's over a 100 per cent increase and I can't imagine any mortgages would be that much.
via ABC Australia
Maiy AzizeEverybody's Home spokesperson
Even these amounts that can seem small really add up (after) years of relentless rent increases.
via ABC Australia