Greens Leader Adam Bandt says all the pain of increased interest rates gets “passed on the renters”.
Mr Bandt told Sky News Australia that property investors have the ability to pass on financial “pain” whilst renters are left to pick up the bill.“There’s a third of the country who rents – Labor’s got no plans for them, the Liberals have got no plan for them.
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Australians are under ‘significant mortgage pressure’: Adam BandtGreens Leader Adam Bandt says Australians are under “significant mortgage pressure”. This comes as high inflation has caused the Reserve Bank of Australia to increase interest rates. “House prices so high that are really pushing people to the wall,” Mr Bandt told Sky News Australia. “Come the end of this year, there’s going to be a need for new projects to come online. “State governments have got a lot of their own projects and they own a lot of land, where they can effectively control the public housing that they build there.”
Source: SkyNewsAust - 🏆 7. / 78 Read more »