Rental Regulations / Residential

Renters' Rights Bill

October 03 2024

The Government has introduced the Renters' Rights Bill; the first reading occurred in parliament on 11 September 2024.

As the initial draft is now released, you will likely have seen and heard many things and, as a result, questions about how it will impact your property investment.
 
After reviewing the draft bill, it appears the proposals will bring change, but it is predominantly centred around removing rogue landlord practices and providing security for tenants.
 
From our review, the significant changes are as below: