- By admin
- In Advocacy, Industry News
Media Release – REIACT AWARD OF ‘UNINTENDED CONSEQUENCES’ FOR TENANTS IN THE ACT
On the 27th July the ACT Government released its Draft Residential Tenancies Amendment Bill.
The Real Estate Institute of the ACT (REIACT) participated in the first round of consultation, however, no recommendations from the Institute were adopted by the ACT Government in the draft bill.
The REIACT is concerned of the “unintended consequences” of these proposed amendments, having researched the effects on the private rental markets in both Victoria and New Zealand, where introduction of similar changes to legislation has had on these markets, their concerns are well justified.
Let’s unpack what has happened in these markets since the introduction of these legislated mandates…
2022-08-01 Media Release Residential Tenancies Act Draft Bill Amendments
