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Shane Wright
Rents could be up to 8 per cent lower, saving renters $32 billion in payments to landlords and real estate agents over the next decade, as Prime Minister Anthony Albanese sets up another fight with the Greens over national housing policy.
Independent analysis by the centrist Grattan Institute think tank shows upward pressure on rents will be reduced if states and territories deliver an extra 200,000 new homes on top of an initial target of 1 million.