South Australia has legislated a short-term moratorium on evictions and a ban on rent increases to protect residential tenants in the Coronavirus emergency period. Landlords will also receive financial relief with the government cutting land taxes.
The nations’ capital has announced financial relief for residential tenants and landlords during the Covid-19 pandemic period to reduce the risk of homelessness and financial hardship. Following the lead of NSW and Qld, landlords in the ACT will receive tax relief when they lower their tenant’s rent and tenants under financial duress caused by Covid-19 cannot be evicted.
Western Australia’s introduced rent relief legislation follows most of the nation’s states and territories in a bid to protect tenants and landlords from financial pressure during the Covid-19 pandemic. The new legislation is designed to prevent homelessness across the state.
Tasmania’s state government was the nation’s first to pass laws protecting renters from eviction if they lost their income due to the Covid-19 pandemic. The state government made changes to residential tenancies with the introduction of the Covid-19 Disease (Emergency Provisions) Act 2020.
Despite Prime Minister, Scott Morrison, declaring a six-month “eviction ban” for tenants struggling to make their rent repayments due to income loss caused by the Covid-19 pandemic, it’s up to each state and territory to make the measures law.
The Queensland state government has unveiled a $400 million package to encourage tenants, property owners and agents to work together to sustain tenancies during the Coronavirus pandemic.
The NSW state government has announced $400 million in relief for renters and landlords affected by the government-enforced Covid-19 restrictions. The package will be split in two, allocating $220 million to keep residential renters in their homes, and another $220 million towards commercial rent, for the next six months.