Rental inflation in Australia is set to rise to its highest level since the Global Financial Crisis.

Prices are predicted to increase by 10% this year and remain elevated at 8% through 2026.

One-third of Australians who rent will be impacted by this surge.

Contributing factors include robust migration, low rental vacancy rates, and limited dwelling investment.

A $6 billion government investment is needed to build more homes.

The debate over migration's impact on the housing market continues, with various political proposals.

Ukraine awaits Australia's response on an urgent coal shipment amidst Russian attacks on its power plants.

Tensions escalate in Gaza with reports of an Israeli airstrike killing 22 people.

The Australian government has ruled out reintroducing a baby bonus despite declining birth rates.