‘Trifecta of failure’: Labor blamed as Sydney rents hit record highs

Shadow Small Business Minister Jacinta Nampijinpa Price accuses the Albanese government of creating a housing crisis, arguing fewer homes, soaring rents and collapsing confidence are the result of repeated broken promises. “Another broken promise from this particular government,” Ms Price told Sky News host Paul Murray. “It’s the trifactor of failure that they’ve been able to bring about, which is fewer homes, higher rents and less confidence. “They are absolutely managing to destroy the joint and taking all of us with them.”