Who are renters? Renters are the lesser animal in society.
If you wish to build your Empire on the shaky foundation of reliance on the reliability of those lesser animals and it goes wrong so often, then maybe other places are the option for your spare money.

But, rent is not where the money is is it! The money for property investors is in the accumulation of the asset value. That’s a Bingo game with only gains: So is it the fact already then, “ No pain, no gain?

Sailing from one destination to another is rarely achieved without encountering the odd storm.

"If the trend of landlord-bashing by government continues, investors will simply walk away from the rental housing market."

Good!
Then all those houses can be sold to hard working Australian families to live in and own for themselves instead of making the parasite, oops I mean the landlord, rich/er. Weird how some people seem to think if landlords disappear so will all the houses.