LABOR ANNOUNCES GAME-CHANGING RENTAL REFORMS

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Renters will no longer be subject to unfair evictions under a Foley Labor Government, which has today committed to protecting tenants and working with industry on making it a fairer system. It is the next stage of NSW Labor’s Housing Affordability policy.

NSW Labor Leader Luke Foley and Shadow Minister for Innovation and Better Regulation Yasmin Catley announced the reforms at the Western Sydney Community Legal Centre in Parramatta. They were joined by Kristy, a single mother who shared her story of being evicted after she requested maintenance and repairs from her landlord.

The Berejiklian Government has failed to tackle the housing affordability issue while stagnant wage growth puts further pressure on families who dream of owning their own home. There are approximately 2.1 million renters in NSW- or one in three people- and that number is expected to continue to grow.

NSW Labor believes tenants deserve security in the rental market. This game-changing policy would also help to promote stability for those who opt to rent as their long term choice.

A Foley-Labor Government will:

  • End no-fault evictions, specifying a list of grounds for the landlord to terminate a lease
  • Introduce tenancies for up to 5 years in length in consultation with the industry
  • Stipulate 12 month tenancies as a minimum
  • Limit rent reviews to once a year

Labor is committed to acting on housing affordability and security and will help address these priorities by modernising the Residential Tenancies Act

Labor will also monitor new technologies including rent bidding Apps and intervene if there is clear evidence they are putting upward pressure on rents.

It is the latest plank in Labor’s Affordability Housing Policy which includes

  • Designating publicly owned land for Affordable Housing
  • Support for reform on negative gearing
  • Taxing vacant properties

Quotes attributable to Opposition Leader Luke Foley

“It’s time people in the rental market are looked after and we are making that commitment- NSW Labor will give renters the certainty and stability they deserve.

“A third of people are renters and more people are making the decision to do so long term. But they don’t want the option of a landlord evicting them- because they’ve requested repairs- hanging over their heads.

“The Berejiklian Government’s so-called housing policy has been a spectacular flop from the start with renters barely registering as an afterthought.”

Quotes attributable to Shadow Minister for Innovation and Better Regulation Yasmin Catley

“This is the next step in Labor’s affordable housing plan which will bring more certainty and balance in the rental market.

“Labor’s plan will bring rental rules into the 21st century. We see more families than ever before in the rental market and they deserve stable home environment.

“The Foley-Labor Government will work with industry and stakeholders in providing a clear set of reasons why a tenant can be evicted, as well as working on longer term leases to bring greater stability into the rental market.