[no bill text published] Rent Increase Freeze for Residential Tenancy Agreements
Residential Tenancies Amendment (Rent Freeze) Bill 2023
1st House
2nd House
Law
Links to official parliament websites
Effects of this bill
If this bill passes, it means that:
Landlords cannot increase rent for two years from the start date.
Rent increases payable on or after 30 June 2023 have no effect.
New agreements entered on or after 30 June 2023 must not exceed the rent paid on that date; otherwise, rent must not exceed the March 2023 median rent for that dwelling type and postcode.
Landlords or agents face fines of up to 50 penalty units for individuals or 100 for others if they illegally increase rent.
The minister must review these rent limits within one year.
The minister must table a report on the review in parliament within six months of its completion.