Forcing landlords to explain above-inflation rent increases is among radical changes to the New South Wales (NSW) rental market being floated by the government.
A discussion paper released on Friday proposes measures beyond the Minns government’s promised rental reforms to end no-grounds evictions, allow more pets in rentals and introduce a portal bond scheme.
Among the new ideas to help the state’s two million renters is creating a public database of rent increases, closing a loophole allowing multiple rent hikes a year and forcing landlords to offer tenants a free way to pay electronically.
It comes in the same week the harbour city posted its fastest quarterly and annual rise in rents, pushing the median price for a unit to $670 a week, according to Domain….