Rental Reform for New South Wales as Prices Continue to Surge

Rental Reform for New South Wales as Prices Continue to Surge
Signage for a real estate property is seen in Carlton North, Melbourne, Australia, on July 18, 2018. AAP Image/James Ross
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Key rental reforms will be introduced to the New South Wales (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.

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