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Monday, 21 October 2024
Rent increases caped to once a year
THE NSW Government will cap rent increases to once per year under new rental law reforms in NSW. The changes apply to both fixed-term and periodic leases, closing existing loopholes. Key reforms include ending no-ground evictions, easing pet ownership in rentals, offering free rent payment options, and banning fees for background checks. The reforms aim to protect the state’s 2.2 million renters, enhance transparency, and align with the National Cabinet’s Better Deal for Renters.
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Michael Walls
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