Sydney Times

CITY OF SYDNEY NEWS HOMES AND PROPERTY Public Housing REAL ESTATE Rental Properties

Next steps to a fairer, more modern rental market

Wood making up most of the distinctive facade of a modern apartment building near the waterfront in Auckland, New Zealand.
Written by Aksel Ritenis

Next steps to a fairer, more modern rental market

 

Monday, 7 July 2023

 

The work to implement stage two of the Minns Labor Government’s landmark rental reforms is underway, with consultations open across the state. 

After 12 years without a voice, the Minns government is asking renters – along with owners and industry – for their views on critical changes to make renting fairer.

Through this process, people in NSW can comment on changes that will help transform the system and bring it into the 21st century, including;

 

  • ending no grounds evictions by requiring a reason to end a lease,
  • making it easier for renters to have pets,
  • protecting renters’ personal information and privacy
  • making it easier to transfer rental bonds from one property to another, and
  • Other ways to improve conditions for renters and take the pressure off. 

 

The move paves the way for legislation to be introduced by the end of the year.

Aside from rental reforms, the Minns Government is taking steps to increase housing supply across the state with high-quality new homes to put downward pressure on rents.

That work includes an audit of surplus public land that could be rezoned for housing, speeding up project approvals and establishing the NSW Building Commission.

People in NSW can have their say on the rental reforms until August 11.

For more information visit the Have Your Say page at: https://www.haveyoursay.nsw.gov.au/improving-nsw-rental-laws

 

Minister for Fair Trading and Better Regulation Anoulack Chanthivong said:

 

“Renters are under extreme pressure in a tight market, but they’re also saddled with unfair and outdated rules that make life even harder.

 

“We’re getting on with our commitment to rebalance the equation, give renters more protections and let them get on with their lives.

 

“We want to hear from everyone because renters and owners need each other, and they both need a fair set of rules.

 

“This consultation will give people across the state a voice on what they think of changes to improve stability and fairness in the current rental environment and into the future.”

About the author

Aksel Ritenis

Publisher and Custodian of the Sydney Times

Pin It on Pinterest

error: Content is protected !!