Australia has more artificial barriers to high productivity than almost any other nation, in order for the economy to recover with minimal pain we need to have wholesale improvement in productivity and abolish the barriers.
High minimum wages kill off jobs and increase foreign debt. In order for Australia to have a trade surplus, Australians must improve competitiveness sustainably. Unit costs must be lower than other countries.
Legislation that reduces a landlord's right to raise rent or to evict tenants reduce supply and drives up rents anyway. Paul Keating deregulates the cost of home purchases while the Minster for Housing regulates rents. It will not work.