The latest CoreLogic Quarterly Rental Report has confirmed Tasmania recorded the lowest 12 month rental increase of all the State's, along with having the highest vacancy rate – and well ahead of the national average on both.
Acting Minister for State Development, Construction and Housing Felix Ellis said pressure on rentals is being seen nationally, but our plan to build more homes is having an impact.
"We continue to roll out our plan to build 10,000 more homes for Tasmanians, which is helping to ease the pressures being seen across the national rental market," the Acting Minister said.
"This data shows that despite the pressure being seen nationally, our State is bucking the trend.
"As usual, Labor are cherry picking data to suit themselves while offering absolutely no solutions of their own - aside from telling Tasmanians what to do with their own property.
"If Labor are serious about easing the pressure on rentals, they would reverse their opposition to allowing the Droughty Point development to be assessed by the independent Tasmanian Planning Commission.
"If approved, this development will deliver 2500 new homes for Tasmanians, and it simply beggars belief that Labor would continue to back the Council's decision to oppose them."
