Australian Property Council Backs Build-to-Rent Bill

‘This is the largest ever federal supply of rental homes,’ the CEO said.

Two bricklayers work on a new home in Albany, Western Australia, on July 5, 2024. Susan Mortimer/The Epoch Times

The Property Council of Australia has welcomed the Albanese government’s passage of the Build to Rent (BTR) Bill during the final week of the Senate.

EY modelling shows the amended legislation can deliver 80,000 new rental homes over the next ten years.