Spokesperson outlines benefits and financial impact of the plan
New report highlights critical challenges in the rental market
Continued strong demand and limited new housing construction will contribute to the rise of prices
Prices in Tasmania doubled quicker than anywhere else in the country
With Sydney, Melbourne, and Perth facing toughest rental market conditions in the country
But the Labor's scheme is better targeted than the current government's policy, housing expert says
Only a third of homes available in Australia can be bought for less than $600,000
Only one-third of listings at this price, report reveals