New
regulations and enforcement
New laws in effect from 6 June 2024
Establish new regulations–
three new Heads of Power (regulations) will be established to oversee the
development and implementation of (1) a new portable bond scheme (2) a rental
sector code of conduct and (3) applications to make modifications for safety,
security or accessibility
Providing false and misleading information–
expanded to include ‘the authority’ (RTA) and penalty provisions apply
Greater enforcement–
new offence provisions allow the RTA to take greater enforcement actions to
uphold compliance with the Act.
Upcoming changes (dates to be advised)
Information sharing–
the RTA will have the ability to share information with other regulatory bodies
including the Office of Fair Trading
New regulations commence–
three new Heads of Power (regulations) commence for (1) the new portable bond
scheme (2) a rental sector code of conduct and (3) applications to make
modifications for safety, security or accessibility—more information will be
available once regulations have been developed.
RealRenta has all the tools that a property manager has but for less
than ¼ the cost of a property manager.
You can now manage your Residential,
Commercial or share/student accommodation property
Join now and the cost is less than a cup of coffee a week to manage your
rental property.
RealRenta also has a free vision, so why not check it out.
Jason Gwerder
Wednesday, 26 June 2024
