Dr. Karina Doorley:

One could probably achieve the same goal by using subsidies for things like housing and childcare, as opposed to price control. Such subsidies would be targeted in a means-tested way at households that need them. Instruments are in place for that which could be expanded, for example, the housing assistance payment and the national childcare scheme. They could be expanded to improve their targeting and affordability for the households that need it rather than putting a cap on prices that some households can afford.