58% Own Property — The Budget Kept Renters Waiting

The 2026 federal budget was sold as housing reform. But the data says existing owners kept everything, renters got nothing, and the rules mostly changed who gets to compete for property. Here are the receipts: • 58% of federal parliament — 130 of 226 MPs and senators — have disclosed multiple properties, investment properties or both. • Negative gearing was restricted to new builds from July 2027, but existing arrangements were grandfathered. • The SMSF borrowing ban applies to residential property only; commercial property is untouched. • Median advertised house rent across roughly 6,000 suburbs rose from $578 a week in late 2021 to $751 today — up 30%. • Rental vacancy has stayed between 1.9% and 2.4% over the past year on Ripehouse Advisory's measure; CoreLogic puts it at 1.5%. • The Housing Accord target of 1.2 million homes in five years is running at around 175,000 completions a year, versus the required 240,000. • Across more than 4,500 settled sales in 150 investment-grade suburbs, the monthly median sat around $800,000 through March to June. What this means: policy noise is one thing, but the supply and rent data still point to tight conditions. If you're renting, buying, or investing, the smart move is to use data, not headlines, and structure your decisions around where competition is actually heading. Download our no-cost Top Five Markets Report 2026 → https://ripe.house/five-markets Subscribe for more data-led Australian property analysis from Ripehouse Advisory. #AustralianProperty #PropertyInvesting #BuyersAgent #HousingBudget #Rentals #PropertyMarketAustralia This video is general information only and not financial or investment advice. Consider your own circumstances and seek professional advice.

The 2026 federal budget was sold to you as housing reform. Here's a number that never made the press conference. 58% of federal parliament, 130 of 226 MPs and senators have disclosed multiple properties, investment properties or both. Those are the people who just rewrote the rules of Australian housing. And when you check what the rules actually did, existing owners kept everything, renters got nothing. I'm going to show you the receipts. And at the end, you get to tell me exactly why I'm wrong. Quick recap, because the detail matters. May 12th, negative gearing restricted to new builds from July 2027. But every existing arrangement grandfathered. The capital gains discount reworked and the Reserve Bank hiked to 435% that same month. Then on June 23rd, to get the tax changes through the Senate, the government banned self-managed super funds from borrowing to buy residential property. Sounds tough on property investors, right? Look closer. Receipt number one, that SMSF ban applies to residential property only, commercial, completely untouched. Your super fund can no longer borrow to buy a $600,000 rental house. The classic first step for a mum and dad investor. But it can still borrow to buy an office, a warehouse or business premises. Who holds geared commercial property inside super? Not nurses, not teachers. So the door got closed for small investors and see us and left wide open for the big end of town. Even the SMSF Association said these loans were never a systemic risk. This wasn't prudential policy. It was a bargaining chip. Receipt two, rents. This is our own database and the median advertised house rent across roughly 6,000 suburbs, tracked every single month for four and a half years. Five hundred and seventy eight dollars a week in late 2021. Seven hundred and fifty one dollars today, up 30 percent. That's nine thousand dollars a year after tax out of every renter's pocket. And after the budget, May 751, June 751, not one dollar of relief. If this budget was designed to help renters, the rent data hasn't noticed. Receipt three, vacancy. A balanced rental market sits at roughly three percent. Australia has spent the entire last year locked between one point nine and two point four, and that's on our measure, which is deliberately generous. Cotality puts it at one point five. Nothing in this budget adds a single rental property to that pool this year. And grandfathering negative gearing on existing homes actually pays investors to sit exactly where they are. Receipt four, and this one comes from the government's own umpire. The Housing Accord promised one point two million homes in five years. That's two hundred forty thousand a year. The National Housing Supply and Affordability Council's March report. Two hundred nineteen thousand homes completed in the first five quarters. A run rate around one hundred seventy five thousand, a 73 percent of the required pace, with completions going backwards down two percent over the past year, their own forecast now says the target lands in mid 2030, a year late Tasmania, 2033. The Northern Territory sometime after 2034 and the budget re-announced the same target anyway. And receipt five is the one nobody wants to say out loud. Prices didn't fall. We tracked over four and a half thousand individual settled sales across one hundred fifty investment grade suburbs. Real addresses, real settlement dates, the monthly median eight hundred eighteen thousand in March, eight hundred fifteen in Apri