Search Results for: tenancy law
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Tenancy law reforms haven’t stopped investors
Tenancy law reforms in NSW and Victoria have only had a small impact on landlords’ decisions to purchase or sell rental properties according to new research.
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INDUSTRY NEWS
New tenancy laws could prove problematic for Queensland landlords
The Real Estate Institute of Queensland (REIQ) has pushed back against State Government changes to rental laws, which could see landlords “inherit a tenant for life”.
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INDUSTRY NEWS
WA investors to sell up if tenancy laws change
More than half of WA property investors would consider selling their rental properties should significant changes be made to WA tenancy laws.
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NEWS
Report finds inconsistent tenancy laws are making life harder for domestic violence victims
A newly released report authored by the University of South Australia has found inconsistent tenancy laws across the country are making it difficult for women and children experiencing family violence to leave unsafe domestic environments and find new housing.
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INDUSTRY NEWS
Queensland Government reviewing new rental laws to stop landlords skirting rent rise rules
The Queensland Government is reassessing regulations curbing rent increases in light of allegations suggesting property owners are exploiting loopholes to bypass the recently introduced rental caps.
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INDUSTRY NEWS
Proposed rental laws in Queensland threaten to drive landlords out of market
More than 80 per cent of Queensland landlords would consider selling their investment properties if proposed changes to rental laws come in, a new survey has revealed.
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INDUSTRY NEWS
New QLD rental laws for pets to come into play
Queensland's new rental laws have come into effect, with property owners no longer able to set a 'no-pet policy' unless certain criteria are met.
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INDUSTRY NEWS
REIQ concerned about “heavy-handed” changes to rental laws
The Real Estate Institute of Queensland (REIQ) fears investors may "tap out" and sell their rental properties as a result of legislation changes due to take effect from October 1.
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NEWS
NSW tenancy reforms turn up heat for landlords and tenants
If you didn’t know already, the NSW Residential Tenancy Act and Regulations were updated and passed through parliament unopposed on 19 December, 2019. The new laws proposed by the State Government Innovation and Better Regulation office begin on 23 March, 2020, were aimed at providing an improved residential tenancy system. But will it achieve that? Only time will tell, but…
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NEWS
REIQ launches blockchain-based digital tenancy agreements
The Real Estate Institute of Queensland (REIQ) is set to deliver fully digitised residential tenancy agreements using blockchain-based technology. The proptech innovation will see residential tenancy agreements able to be executed as a digital smart contract in Queensland by the end of this year. The groundbreaking system has the potential to transform the way that tenancy agreements are transacted across…
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Brand Editorial
Responding to changes in domestic violence laws
The changes to family and domestic violence laws are a welcomed change for Australians who believe in a strong and resilient justice system. While the amendments are designed to better respond to those suffering abuse, they also affect landlords and property professionals who own and manage rental properties. Previously, rental laws have restricted tenants affected…
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NEWS
NSW Government looking to continue to reform residential tenancies law
The NSW Government is getting set to continue the overhaul of the current Residential Tenancies Regulation, with the aim of improving the renting experience in NSW. The proposed amendments are set to have a major impact on the way both sales agents and property managers interact with current tenants. As a little history, in October 2018, the NSW Parliament passed…
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Elite Agent
NSW rental laws set for biggest reform in two decades
For the first time in more than two decades, NSW rental laws are set for a massive shakeup. Major changes include limitations on rental increases and set fees for breaking a fixed-term lease. The reforms also look to bring in no penalties for domestic violence victims who break a lease. Other changes include minimum standards being introduced around access to…
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Elite Agent
NSW Fair trading update on deadlines, by-laws, fire-safety, fraud prevention and holiday lettings
Real estate audit deadlines NSW Licensees are reminded that the deadline for real estate audits is 30 September 2017. The qualified audit must be lodged within 3 months after the end of the audit period and for most agents, must be submitted with the Director-General by the due date. If a qualified trust account audit is not lodged by the…
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EPM
Processing Tenancy Applications: Beginning with the end in mind
Was it Stephen Covey that created the expression “begin with the end in mind?” Regardless of the great person who came up with the original expression, it should be a term written into every property manager’s job description. Given that property management has become such as task oriented and management focused career, with a large degree of accountability involved, every…
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NEWS
REIQ: Queensland rental reforms are “unworkable”
The Real Estate Institute of Queensland (REIQ) has warned new rental reforms currently before parliament are extreme, unnecessary and unworkable.
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CONTRIBUTORS
2023 Real estate review: market shifts and insurance impacts
I’m reminded of an ancient Chinese curse that reads: “may you live in interesting times”.
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INDUSTRY NEWS
Pets in properties – is it barking mad?
There is little doubt that we’re a nation of pet lovers.
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OPINION
Jo-Anne Oliveri: Solving the rental crisis
Australia is currently facing an unprecedented rental crisis. So, how do we solve it?
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INDUSTRY NEWS
NSW Government appoints first rental commissioner
The NSW Government has appointed its first-ever rental commissioner in a role it has termed will be a “voice for renters”.
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INDUSTRY NEWS
Sydney council proposes tax on empty homes
In an effort to combat the housing affordability crisis and increase the availability of rental properties, the Inner West Council in Sydney has put forward a proposal for a tax on empty homes.
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INDUSTRY NEWS
Queensland’s ‘death by a thousand cuts’ – rental reforms could kill investment
The Queensland Government’s “constant onslaught” of legislative intervention in the state’s rental sector could “kill off” investment, according to the Real Estate Institute of Queensland (REIQ).
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NEWS
Perth property prices tipped to rise in 2023
Low stock levels and high demand will continue to see property prices rise in Australia’s most affordable capital city - Perth - in 2023.
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NEWS
Queensland’s vacancy rates tighten further
Inner city Brisbane’s vacancy rate has dropped below one per cent for the first time in a decade, with several areas in the Sunshine State having almost no available rental properties.
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Real estate industry needs to be more vigilant with data
Industry experts have called for more to be done to protect tenants', landlords' and trades' personal and financial information following a recent data breach.
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INDUSTRY NEWS
Perth rental stock hits the lowest level in 12 years
Perth rental volumes continue to plummet, with new data showing the number of available properties has reached a 12-year low.
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INDUSTRY NEWS
Perth property prices a mixed bag in August
Despite Perth property prices officially falling in August, 56 suburbs were able to buck the trend.
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INDUSTRY NEWS
Are rent controls the right way to go?
Real estate bodies have labeled calls to freeze rents and cap increases out of touch with reality, fearing it could exacerbate the nation's rental shortage.
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INDUSTRY NEWS
Perth defies national trend as house prices continue to rise
Perth property prices have been able to buck the national trend and record a rise in values last month.
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INDUSTRY NEWS
House prices continue to rise as other dwelling values slow down
Australian house prices recorded another increase over the March quarter, while other dwelling types saw price growth slow down.
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NEWS
REIWA’s 2022 predictions for Perth’s housing market
Perth house prices will rise a further 10 per cent in 2022, according to REIWA’s latest figures, which show Western Australia’s strong property market is set to continue. The prediction comes off the back of a strong 2021 that saw Perth’s property prices rise by 14 per cent. REIWA President Damian Collins said despite the strong price growth recorded in…
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INDUSTRY NEWS
Investor housing loan commitments rise
The latest Lending to Households and Business figures show the value of new loan commitments for housing increased again in May with investors back in force.
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NEWS
REIWA welcomes end of moratorium on evictions and rental price increases
The Real Estate Institute of Western Australia has welcomed the looming end of the WA Government’s moratorium on evictions and rent price increases, with the Residential Tenancies (COVID-19 Response) Act 2020 due to expire on Sunday.
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Elite Agent
REIWA calls on parties to prioritise rental shortages
With Western Australia’s state poll less than a month away, the REIWA is trying to put the state’s rental shortage at the top of the political agenda.
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Elite Agent
A new leash on life: Study finds benefits for all parties in pet-friendly residential arrangements
More than 60 per cent of households across the nation own a pet but those living in private rentals are much more likely to have to give up a companion animal due to housing circumstances, according to Australian Housing and Urban Research Institute research.
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