rents are going up because of immigration ( fed govt), interest...

rents are going up because of immigration ( fed govt), interest rate rises ( fed and state gov high spending plus levels, cyclical effects plus commodity prices , and renewable energy distribution costs etc) and building and building repair costs which are exacerbated by Labor policies.

Rents are going up also due to State Labor govts passing so called "renter friendly" policies which are pushing landlords to sell or stay, but put rents up if they do. Insurance has gone up exponentially which is a big cost for landlords, due to multiple factors but Labor workplace laws are one factor affecting building costs, plus more natural disasters, plus more fraudulent public liability claims. Feral and druggie tenants are also a huge cost which are borne by landlords and/or insurance companies.