Key rental reforms will be introduced to the NSW parliament as Sydney renters pay record amounts for their homes as living costs continue to soar.
The Minns government will on May 10 bring in a new bill as it looks to ban secret rental bidding and create a portable bond scheme to ease pressure on the state’s renters.
The reforms would create a fairer system by giving those on a lease greater certainty about their homes, Premier Chris Minns said.
“Anyone who rents in NSW knows just how anxious and challenging a process it can be to find suitable accommodation, never mind the significant costs associated with moving,” Minns said….