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Men's Weekly

Rudd's rental affordability scheme was a $1 billion gift to developers; Abbott was right to axe it

  • Written by Brendan Coates, Program Director, Household Finances, Grattan Institute
Rudd's rental affordability scheme was a $1 billion gift to developers; Abbott was right to axe itLabor's so-called Rental Affordability Scheme did little to make those who most needed it, but it helped landlords.Shutterstock

Most Australians are spending more of their income on housing than they used to, but low-income households are being squeezed the hardest.

Many are in poverty, and many more are suffering financial stress. A growing number...

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