The proposal seeks to implement, oversee and enforce national renter’s rights. It has 2 components:

Component 1: Commonwealth grants to states and territories to ensure a rental freeze

• Provide $2.5 billion a year (indexed to the Consumer Price Index, CPI) in housing grants to the states and territories to implement uniform tenancy standards nationwide, which would include rent freezes, rental cap increases, lease renewal rights and minimum rental standards.
• This housing grant funding could be spent on building and maintaining public housing, as well as adequately funding tenancy authorities and tribunals to ensure rent caps and standards are enforced.

Component 2: Enforcement framework

• The Commonwealth will establish a National Renters Protection Authority of 1,000 FTE to implement and oversee nationwide rights and rent controls.

The proposal would be ongoing and start on 1 July 2025.